But in 2012, it bought HealthSpring, a large Medicare Advantage plan, for $3.8 billion and now is selling it for less than that despite growing its Medicare Advantage enrollment by 75%. Cigna has ...

Cigna acquired HealthSpring in 2012, allowing Cigna to expand its Medicare business. As recently as 2020, Cigna sold Cigna-HealthSpring-branded plans, but none are currently available ...

Cigna, which got into the Medicare Advantage business with its $3.8 billion acquisition of HealthSpring in 2011, would be backing away at a time the U.S. government is tightening its purse strings ...

Medicare Advantage is an alternative to government-sponsored Medicare, ... Cigna entered the Medicare Advantage business with its $3.8 billion acquisition of HealthSpring in 2011.

Herb Fritch, president and founder of Cigna-HealthSpring — the Medicare Advantage arm of payer Cigna — will retire effective Nov. 11. Skip to main content BHR ...

Cigna is a very small player in Medicare Advantage, and its MA plans have been messy and controversial since it bought HealthSpring in 2012. But Cigna’s MA business is still sizable, growing ...

The Centers for Medicare and Medicare Services has temporarily barred Cigna from enrolling new customers to its Medicare Advantage and stand-alone prescription drug plans, according to Healthcare ...

Health insurer Cigna Corp will buy HealthSpring Inc for $3.8 billion to jump-start its business selling Medicare plans as more elderly Americans become eligible for the U.S. government program.

Cigna is looking into the possibility of selling its Medicare Advantage (MA) business, according to a report from Reuters. The health insurer appears to be working with an investment bank to ...

Health insurer Cigna announced it has finished its acquisition of Medicare Advantage plans in Arkansas, Oklahoma and Texas that were previously held by insurers Humana and Arcadian Health.

It has about 597,00 Medicare Advantage members, and Health Care Service Corp., has less than 195,000 Medicare Advantage beneficiaries, according to the Centers for Medicare and Medicaid Services ...

Under the Medicare Advantage (MA) program, the Centers for Medicare & Medicaid Services (CMS) makes monthly payments to MA organizations according to a system of risk adjustment that depends on ...