BofA on CIGNA (CI): 'Quarter and outlook disappoint, valuation pressured'
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The Cigna Group Reports Fourth Quarter and Full Year 2024 Results, Establishes 2025 Outlook and Increases Dividend
January 30, 2025 6:00 AM ESTTotal revenues for 2024 increased 27% to $247.1 billionShareholders' net income for 2024 was $3.4 billion, or $12.12 per shareAdjusted income from operations1 for 2024 was $7.7 billion, or $27.33 per share2025 adjusted income from operations1,2 is projected to be at least $7.9 billion, or at least $29.50 per shareBoard of Directors declared an 8% increase in the quarterly dividend to $1.51 per share and approved an increase of $6.0 billion in incremental share repurchase authorization, bringing total... More
Cigna Healthcare, Providence to Broaden Southern California Network
January 29, 2025 12:00 PM ESTGreater Flexibility, More Health Care Options for Customers
LOS ANGELES, Jan. 29, 2025 /PRNewswire/ -- Cigna Healthcare and Providence are expanding their Los Angeles County network, offering customers several additional care facilities.
Evernorth Announces New Cost and Transparency Protections for its Express Scripts Patients
January 29, 2025 9:00 AM ESTActions aim to lower patient out-of-pocket costs
Expands transparency for both patients and those who provide their benefits
BLOOMFIELD, Conn., Jan. 29, 2025 /PRNewswire/ -- Evernorth Health Services, a subsidiary of The Cigna Group (NYSE: CI), today announced several steps it is taking to improve costs and transparency around pharmacy benefits. These changes aim to help patients benefit directly from Express Scripts' negotiations to lower the cost of... More
