Cigna(CI)

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The Cigna Group Health Equity Impact Fund Opens 2025 Grants
Prnewswire· 2025-06-04 10:00
The Fund will distribute another $3 million to nonprofits to improve health outcomesBLOOMFIELD, Conn., June 4, 2025 /PRNewswire/ -- The Cigna Group Foundation today announced the second year of grants from its Health Equity Impact Fund. The initiative will allocate a total of $3 million to two cities: Hartford, Conn., where it began last year, and St. Louis, Mo., which struggles with significant health disparities among its adult residents."Creating healthier communities starts with supporting healthy habit ...
The Cigna Group Announces Appointment of Michael J. Hennigan to Board of Directors
Prnewswire· 2025-06-02 20:30
BLOOMFIELD, Conn., June 2, 2025 /PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) announced today that Michael J. Hennigan has been appointed to the organization's Board of Directors. His appointment is effective June 2.Mr. Hennigan is the Executive Chairman of Marathon Petroleum Corporation (MPC), an integrated downstream energy company, and MPLX, a diversified master limited partnership formed by MPC. He joined the company in 2017 and previously held the roles of Chief Executive Officer of M ...
Here's Why You Should Hold Cigna Stock in Your Portfolio for Now
ZACKS· 2025-06-02 17:26
Key Takeaways CI is up 14.7% YTD, outperforming the industry's 29.1% drop, backed by dual-segment strength. Evernorth revenues rose 16% to $53.7B in Q1 2025; Cigna Healthcare grew 9% year over year. CI faces margin pressure from rising benefit costs and carries $26.5B in long-term debt.The Cigna Group (CI) , a longstanding global health company, continues to offer a variety of health solutions and insurance products. It operates through two main divisions: Cigna Healthcare and Evernorth Health Services. T ...
CVS or Cigna: Which Diversified Healthcare Stock Should You Own Now?
ZACKS· 2025-05-28 20:00
CVS Health (CVS) and The Cigna Group (CI) stand as two dominant forces in the U.S. diversified healthcare sector, commanding market capitalizations of approximately $77 billion and $84 billion, respectively. Both companies have strategically integrated pharmacy benefit management, insurance coverage and care delivery into comprehensive, consumer-focused platforms designed to address the complexities of modern healthcare.As the industry faces intensifying policy challenges, rapid growth in GLP-1 therapies an ...
Cigna announces new deal for copay caps on Eli Lilly and Novo Nordisk weight loss drugs
CNBC· 2025-05-21 20:37
Only half of health insurer Cigna's clients currently cover the popular GLP-1 weight loss drugs Wegovy and Zepbound because of their high costs. But the company's pharmacy benefits unit Evernorth has reached a deal with drug makers Ely Lilly and Novo Nordisk which it said will bring prices down for employers and their workers."This solution is really focused towards clients that aren't covering it today, and what it allows us to do is one, to bring it on at a reduced price for the plan sponsor, but also cap ...
Evernorth Launches New Benefit Option That Drives Lower Net Cost for Weight Loss Medicines and Limits Patient Cost to No More Than $200 Per Month
Prnewswire· 2025-05-21 20:30
Patients can save as much as $3600 per year versus direct-to-consumer manufacturer programs, and out of pocket cost applies to their annual deductible New offering helps employers meet growing demand for FDA-approved weight loss medications at a lower net cost per prescription while ensuring clinical safety for patientsST LOUIS, May 21, 2025 /PRNewswire/ -- Evernorth, the health services division of The Cigna Group (NYSE: CI) announced a first-of-its-kind pharmacy benefit offering that make weight loss me ...
Cigna and CVS shares fall as Trump targets ‘middlemen' in sweeping executive order against Big Pharma
New York Post· 2025-05-12 22:48
President Trump took aim at Big Pharma on Monday by signing an executive order meant to slash Americans’ prescription drug prices by up to 90% — sparking a selloff in companies he labeled as “middlemen.” “What’s been happening is, we’ve been subsidizing other countries throughout the world,” Trump explained at a White House signing ceremony, calling the action one of his “most important orders.”“Some prescription drug and pharmaceutical prices will be reduced almost immediately by 50 to 80 to 90%,” he added ...
Cigna Q1 Earnings Beat Estimates on Evernorth Health Strength
ZACKS· 2025-05-02 18:41
The Cigna Group (CI) reported first-quarter 2025 adjusted earnings per share (EPS) of $6.74, which outpaced the Zacks Consensus Estimate by 5.5%. Also, the bottom line increased 4.2% year over year. (See the Zacks Earnings Calendar to stay ahead of market-making news.)Adjusted revenues improved year over year to $65.5 billion from $57.2 billion. The top line beat the consensus mark by 7.7%.The strong first-quarter results benefited from the rising relationship with existing clients and solid growth in Evern ...
Cigna(CI) - 2025 Q1 - Quarterly Report
2025-05-02 15:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number 001-38769 The Cigna Group (Exact name of registrant as specified in its charter) Delaware 82-4991898 (State or other jurisdiction o ...
Cigna (CI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-05-02 14:35
Cigna (CI) reported $65.45 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 14.3%. EPS of $6.74 for the same period compares to $6.47 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $60.8 billion, representing a surprise of +7.66%. The company delivered an EPS surprise of +5.48%, with the consensus EPS estimate being $6.39.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...