Cigna Corp. News

Cigna’s Proposed Acquisition of Express Scripts Faces Antitrust Review

Cigna Corp.’s proposed deal for Express Scripts Holding Co. faces a drawn-out merger review as the Trump administration’s antitrust enforcers weigh the competitive effects of a wave of consolidation sweeping the health-care industry. The tie-up of the insurer and pharmacy …

Cigna to Buy Pharmacy Benefits Manager Express Scripts for $52 Billion

U.S. health insurer Cigna Corp. struck a $52-billion deal to buy pharmacy benefits manager (PBM) Express Scripts Holding Co on Thursday, looking for new ways to hold onto their profits as the industry faces greater scrutiny for rising healthcare costs. …

Chinese Firms Enter Private Health Insurance Market for Growth Opportunities

Gaming firms, real-estate companies and drugmakers in China are chasing what they hope will be the country’s next hot commodity: private health insurance. At least 29 publicly traded Chinese companies have announced plans to invest in commercial insurance businesses since …

Indiana Department of Insurance Approves Anthem’s Cigna Acquisition

The health insurer Anthem Inc. announced it has received approval from Indiana Department of Insurance Commissioner Stephen W. Robertson for the acquisition of Cigna HealthCare of Indiana Inc., a subsidiary of Cigna Corp. On July 23, 2015 Anthem and Cigna …

Bimestefer Named President, GM for Cigna’s Mountain States

Cigna Corp. named Kim Bimestefer president and general manager for its Mountain States region, including Colorado, Wyoming, Utah and New Mexico. Bimestefer will be based in Denver, Colo. She will serve as the senior leader for Cigna’s operations, competitiveness and …