Cigna Corporation
New York Stock ExchangeRecent
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- The Cigna Group operates as a global health services company primarily in the United States, with significant international operations across more than 30 countries. Founded in 1792 and headquartered in Bloomfield, Connecticut, Cigna delivers a comprehensive range of health insurance and related services. Its core offerings include medical, dental, behavioral health, pharmacy benefits management, specialty pharmacy services, vision, and supplemental insurance products. The company serves both insured and self-insured customers through Cigna Healthcare, which includes U.S. Commercial, U.S. Government, and International Health segments. Cigna Healthcare's product portfolio incorporates Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans. Additionally, Cigna provides integrated behavioral, medical, and pharmacy management solutions, health advocacy programs, care management, and advanced analytics through its Evernorth Health Services segment. Evernorth encompasses coordinated and point solution health services including home delivery pharmacy, specialty pharmaceutical distribution, care delivery, and benefit management for health plans, employers, government organizations, and healthcare providers. Recent major changes at Cigna include the 2023 rebranding of its holding company to The Cigna Group, with its health benefits provider business unit named Cigna Healthcare and its health services unit renamed Evernorth Health Services. In early 2024, Cigna agreed to sell its Medicare Advantage, Supplemental Benefits, Medicare Part D, and CareAllies businesses to Health Care Service Corporation (HCSC) in a transaction valued at approximately $3.7 billion, which closed in March 2025. This strategic move marks Cigna’s exit from the Medicare Advantage space to refocus on other growth areas. Leadership changes in January 2024 appointed Brian Evanko as President and CEO of Cigna Healthcare to unify and accelerate innovation and growth across the healthcare businesses. Cigna continues to emphasize reducing member healthcare costs and improving patient access by simplifying prior authorizations and expanding advocacy for complex conditions. The company also retains a strong presence in pharmacy benefits management through Express Scripts, which remains a significant profit generator. Cigna targets a broad range of customers including employers, union groups, Medicare and Medicaid beneficiaries, individuals, and multinational corporations, supported by a global footprint extending across more than 30 countries. The company’s product suite is designed to deliver integrated healthcare solutions, combining insurance coverage with care management and pharmacy services to improve health outcomes and control costs. Cigna distributes its products through brokers, consultants, direct employer relationships, and public and private exchanges. Overall, The Cigna Group is a comprehensive healthcare services provider offering multi-faceted insurance products and health management solutions, with a strategic focus on growth through innovation, customer-centric care, and operational efficiency within its core U.S. and international markets. Its recent divestiture of Medicare Advantage businesses and leadership restructuring reflect a significant strategic realignment aimed at strengthening its health services and integrated medical offerings.
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