There has been speculation of a massive merger in the medical sector between two massive health insurers. Specifically, the rumor is The Cigna Group NYSE: CI is interested in acquiring Humana Inc. NYSE: HUM. The conjecture caused both stocks to react, as Cigna stock fell 10% as the rumored surfaced on Oct. 18, 2024, and Humana stock remained relatively flat. Based on the reactions, the market doesn't see this as a favorable merger, and for good reason. While there are many potential synergies in a merger, a ...

In its upcoming report, Cigna (CI) is predicted by Wall Street analysts to post quarterly earnings of $7.22 per share, reflecting an increase of 6.7% compared to the same period last year. Revenues are forecasted to be $59.84 billion, representing a year-over-year increase of 21.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Before a com ...

A media report stated that the company is determined to grow with a major merger deal. Cigna Group (CI -4.69%) stock reacted to news that the large health insurer is reigniting its pursuit of a rival. Unfortunately for the company's shareholders, that reaction was largely negative, and the shares closed the trading day nearly 5% lower in price. That fall was far steeper than the 0.2% slide of the bellwether S&P 500 index. Back to the altar? In an article published after market close last Friday, Bloomberg w ...

Key TakeawaysDiscussions over Cigna's possible purchase of Humana reportedly have resumed after the two health insurers failed to strike a deal last year.Bloomberg said the talks are in their early stages.Humana has struggled lately as Medicare changes negatively impact results, while Cigna is selling its Medicare business to HCSC. Humana (HUM) shares edged higher Monday morning on a report that The Cigna Group (CI) has resumed discussions to buy its smaller health insurance rival after negotiations fell ap ...

54 community-based organizations receive funds to support the dietary needs of older adultsBLOOMFIELD, Conn., Oct. 21, 2024 /PRNewswire/ -- Cigna Healthcare, the health benefits division of The Cigna Group (NYSE: CI), is investing $600,000 in community-based organizations this fall to address food insecurity among older Americans. Collectively, the funds are expected to impact more than 1.4 million people in need."Food insecurity continues to be a major challenge for seniors in our country, and that can con ...

In trading on Friday, shares of The Cigna Group crossed below their 200 day moving average of $340.21, changing hands as low as $338.60 per share. The Cigna Group shares are currently trading off about 3.8% on the day. Start slideshow: 10 Stocks Crossing Below Their 200 Day Moving Average » The chart below shows the one year performance of CI shares, versus its 200 day moving average: CI tickertech Looking at the chart above, CI's low point in its 52 week range is $253.95 per share, with $370.825 as the 52 ...

The U.S. health insurance industry, referred to as Health Maintenance Organization ("HMO"), is expected to benefit from rising premiums that it earns by offering affordable health insurance plans and result in membership growth, with Medicare demand expected to rise as the U.S. population ages. Active merger and acquisition ("M&A") moves, supported by potential interest rate cuts, help HMOs expand regionally and diversify. Investment in telehealth platforms is critical as digital healthcare demand increases ...

BLOOMFIELD, Conn., Oct. 3, 2024 /PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) will release its third quarter 2024 financial results on Thursday, October 31, 2024, and will host a conference call the same day. Third quarter 2024 financial results will be released no later than 6:30 a.m. Eastern Time (ET). Management will review these results on a conference call beginning at 8:30 a.m. ET. The call-in numbers are as follows: | --- | |--------------------------------------| | | | Live Call (8 ...

Plans available for every lifestyle and budget, including Medicare Advantage (MA) plans, Medicare Supplement plans, and standalone Prescription Drug Plans, all with competitive premiums and benefits. Many MA plans available for $0 premium; some give customers money back on their Social Security check. Dental, vision, and hearing benefits included in all Medicare Advantage (MA) plans. "Living needs allowance" offered in many DSNPs. Customer support available 7-days a week to help guide Medicare Advantage sho ...

"Vitality is a measure of overall health and wellbeing and, ultimately, human performance. As a health care company, we are deeply committed to both understanding vitality and helping people, employers, and communities improve it," said David M. Cordani, chairman and CEO of The Cigna Group. "While most of our health care dollars are spent on fixing things after they break, vitality presents an opportunity to look more broadly and identify ways to keep people healthy in the first place. Focusing on vitality ...