Here are seven additional stories on the company that Becker’s has reported on since Nov. 2:
1. Health Care Service Corp. and Elevance Health are both vying for Cigna’s Medicare Advantage business.
2. A planned merger between the Cigna Group and Humana was called off following a disagreement over price and other financial terms.
3. Medical societies representing 95,000 members expressed their “profound objection” to Cigna’s characterization of closed-loop spinal cord stimulation therapy as “experimental, investigational, and/or unproven.”
4. Cigna Healthcare and UnitedHealthcare are facing lawsuits from members or their families alleging the organizations use automated data tools to wrongfully deny members’ medical claims.
5. West Reading, Pa.-based Tower Health will be out of network for all Cigna Healthcare members starting Jan. 1 following a disagreement over reimbursement rates.
6. Charleston, S.C.-based MUSC Health and Cigna reached a new contract agreement just weeks before their contract was set to expire.
7. Cigna named Manish Naik vice president of the company’s dental and vision businesses.
8. The company reported a profit of $1.4 billion in the third quarter.
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