top of page

HCSC Acquiring Cigna’s Medicare Units

HCSC will acquire Cigna's Medicare units, including Medicare Advantage, Medicare supplement and Medicare drug plans for $3.3 billion. Cigna's size in the MA business is rather small at about 600,000 beneficiaries compared with behemoth's in the space: Humana, UnitedHealth Group Inc. and CVS Health Corp. Click here for the press release from HCSC and here more information from the Wall Street Journal. Cigna posted $1 billion in profit and $51.1 billion in revenue for Q4, which both surpassed Wall Street's expectations, click here.

5 views0 comments

Recent Posts

See All

CMS Launches Value-Based Care Spotlight Website

During Health Care Value Week last week, CMS introduced the Value-Based Care Spotlight, a website dedicated to promoting understanding and awareness of value-based care (VBC). The platform features re

UHC ‘Self-dealing’

More than just interesting: Untied Health Care 's 'self-dealing' is detailed in a new investigative article. Self-dealing is defined as business it does with itself.  Click here for the details.

MA Profitability Margins Declining

MA continues to grow, but there are signs that its profitability is on the decline with margins declining from 4.9 percent in 2019 to 3.4 percent in 2022, according to a new report from Moody's Invest

Comments


bottom of page