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Plans under the HealthSpring label were included in the deal, and HCSC said in an announcement that it refreshed the brand ...
Moody’s Investors Service estimates HCSC would hold 2% of the Medicare Advantage market if the Cigna transaction is completed, which still makes the company a minor player compared with rivals ...
Cigna will sell off its Medicare business to Health Care Service Corporation in a deal valued at $3.7 billion, the company announced Wednesday. HCSC will acquire Cigna's Medicare Advantage, Part D ...
Health Care Service Corporation (HCSC) has completed its acquisition of Cigna's Medicare Advantage, Medicare Supplemental Benefits, Medicare Part D and CareAllies businesses, in a deal that was ...
Health company Cigna has entered into a definitive agreement to sell its Medicare Advantage, Supplemental Benefits, Medicare Part D and CareAllies businesses to Health Care Service Corporation (HCSC) ...
Today, Health Care Service Corporation completed the previously announced acquisition of The Cigna Group Medicare Advantage, Medicare Supplemental Benefits, Medicare Part D and CareAllies businesses.
Despite that growth, HCSC's Medicare Advantage market share fell to 3.4% at the start of the year, down from 4.4% in 2019, according to the Chartis Group. The insurer counts nearly 7.5 million ...
The deal will enable HCSC to serve 26.5 million people, including 4.3 million Medicare members. Cigna reported $247 billion in revenue for 2024, an increase of nearly 27% year-over-year.
Cigna is ditching its Medicare business in a sale to Health Care Service Corporation (HCSC) for around $3.7B, set to close in early 2025. HCSC will acquire Cigna’s Medicare Advantage, Part D, ...
Cigna has agreed to sell its Medicare business to Health Care Service Corporation for roughly $3.7 billion, the health insurer announced Wednesday. HCSC is acquiring Cigna’s Medicare Advantage ...
Health Care Service Corp., the parent company of five Blue Cross & Blue Shield plans, intends to offer Medicare Advantage plans in nearly 100 more counties across Illinois, Montana, New Mexico ...