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 EST

Total 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 EST

Greater 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.

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Evernorth Announces New Cost and Transparency Protections for its Express Scripts Patients

January 29, 2025 9:00 AM EST

Actions 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