Cigna’s MA Business Is Small Sliver of Overall Enterprise
-
Nov 10, 2023
The Cigna Group may be considering the sale of its Medicare Advantage business, according to Reuters. The insurer is working with an investment bank to evaluate its options and the potential sale could bring in several billions of dollars, the sources told Reuters.
Cigna’s MA plans cover more than 580,000 lives in 35 states and the District of Columbia, according to the latest data from AIS’s Directory of Health Plans (DHP). The insurer is better known for its administrative services only employer-based health plans, and only 3.4% of its enrollees are in MA plans.
Read more© 2024 MMIT
The Latest
Meet Our Reporters
Meet Our Reporters
GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND
Sign up for publications to get unmatched business intelligence delivered to your inbox.