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Cigna completes $3.3B Medicare sale to HCSCCigna Supplemental Benefits, Medicare Part D, and CareAllies businesses to Health Care Service Corporation (HCSC) for $3.3 billion. The transaction streamlines The Cigna Group’s portfolio and ...
Cordani, Chairman and Chief Executive Officer of The Cigna Group. With today's close, HCSC now serves 26.5 million people, including 4.3 million Medicare members, across the United States through ...
The deal gives HCSC Cigna’s Medicare Advantage, Medicare prescription drug and Medigap plans, along with CareAllies, a business that helps providers transition to value-based care. In total ...
Cigna Supplemental Benefits, Medicare Part D, and CareAllies businesses to Health Care Service Corporation (HCSC). The divestment of these assets streamlines The Cigna Group's portfolio and ...
“HCSC — let's face it ... health policy director at the Georgetown University McCourt School of Public Policy. Cigna, which owns the pharmacy benefit manager Express Scripts, will continue ...
With this in mind, management has executed on a sale of Cigna Healthcare's Medicare business to HCSC, closing in first quarter 2025. This move should be a net positive, as it reduces the company's ...
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