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-2.89930706560868E-05 -0.000376909918529458 -0.00162361195674235 0.000202951494592773 -0.00449392595169758 -0.00263836942970637 -0.00263836942970637 -0.00263836942970637
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Cigna Bets on Getting Bigger as Rising Costs Vex Health Business [Bloomberg Business News]

CIGNA (CI)  More Company Research Source: Bloomberg Business News
Last cigna earnings: 8/2 06:00 am Check Earnings Report
US:NYSE Investor Relations: cigna.com/about-us/investors
PDF Under pressure to tame ever-increasing health-care costs, the companies that help millions of Americans manage their medical care are wagering that they can be stronger and simpler by joining forces. Cigna Corp. ’s proposed $54 billion acquisition of Express Scripts Holding Co. , announced on Thursday, is the latest sign that the medical supply chain -- where multiple companies are responsible for different aspects of care -- has become too cumbersome. Health-care spending is inexorably rising, accounting for an estimated 18 percent of the U.S. economy last year. Critics such as billionaire Warren Buffett, who has called soaring health costs a “tapeworm” sapping the country’s strength, view the complexity of the system and its large number of middlemen as a culprit. Insurers, drug-benefit managers, drug distributors, pharmacies, and large medical groups currently all get a cut of the profits from caring for patients. Bringing more of those businesses un [Read more]

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