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Posts tagged with "Cigna"

Arizona Comings & Goings

Casey Osborne Moves to Cigna of Arizona

Casey Osborne is now the VP, provider contracting and networks at Cigna. He was formerly the VP of operations for Phoenix Children's Hospital and previously VP for Health Choice Preferred ACO.
National News

Cigna Talks 5-Star Strategies Among Whispers of Pending Sale of $6B Group Benefits Business

While Cigna was basking in 5-star wins with its Florida HealthSpring plan and sharing success strategies, reporters were relying on several inside sources who said the insurer is working with an investment bank to auction its group benefits business. The reporting on Cigna's 5-star strategy first caught our eye in Health Payer...
Arizona Comings & Goings

Matthew Brown

Mathew Brown was promoted to value-based performance leader at Cigna.  We was previously network operations specialist. 
Arizona News

Payers and Providers Urge CMS to Keep Silver Loading

Various insurers, hospitals, and state regulators are encouraging the Centers for Medicare and Medicaid Services to continue a practice dubbed "silver loading" in fear that ending the rule would destabilize Affordable Care Act (ACA) exchanges. Health insurers typically raise premiums on silver-level exchange plans to recover the...
National News

Cigna Announces Expanding into MA Group Business

Cigna announced it is undertaking a major business expansion in the Medicare Advantage space at the JPMorgan Healthcare Conference. Big name companies in the health insurance market are also looking to expand into other regions to offer more of their Medicare Advantage benefits. Cigna CEO David Cordani commented on the expansion...
Arizona News

Members Only November Newsletter

The Hertel Report is only available to members. Click Here to Access. ...
Arizona News

Envision Healthcare Signs Agreement With Cigna

The statewide, multiyear agreement impacts about 2,000 physicians in Arizona practicing at Banner Health, Dignity Health and HonorHealth hospitals. While Envision clinicians will be in-network for Cigna’s commercial, Medicare and individual plan customers in Arizona, UnitedHealthcare and Envision are facing a termination of their...
Arizona News

Operation Cigna-Express Scripts Merger Moves Forward

On Monday the Justice department gave the $52 billion merger between Cigna and Express Scripts a green light. The health insurance giant and massive pharmacy benefits manager aim to cut costs of care. The deal passed a shareholder vote toward the end of August but the DOJ's vote was the last major obstacle to clear, all that...
Arizona News

Cigna Returns to the ACA Individual Market - Health Net & BCBSAZ Remain in The Mix

In Arizona rate review filings, Cigna Healthcare of Arizona proposed an 18.2 percent on-average rate reduction for individual products it plans to offer in 2019.  The insurer returns to the Arizona market after offering individual/family exchange plans in 2014, 2015 and 2016. Cigna dropped out of the 2017 market, leaving only two...
National News

Massive Mergers and What They Mean for Healthcare's Future

Uncertainty surrounds potential mega-healthcare mergers as the CVS-Aetna deal and Cigna's acquisition of Express Scripts are in question. Just last year, the Justice Department thwarted the Cigna-Anthem and Aetna-Humana mergers. The California Insurance Commissioner is adamant that the CVS-Aetna $69 billion merger proposal be blocked...
News

Cigna to Buy Express Scripts for $52 Billion

Absorbing Express Scripts, the nation’s largest pharmacy benefit manager, could further reshape the roiling health care landscape. The deal would mark the end of the last major independent pharmacy benefit manager, one that has focused on striking deals with drug companies to lower costs for insurers and employers. Express Scripts...
National News

Medicare Advantage New Buyout Battleground

Medicare Advantage enrollment is projected to rise to 38 million, or 50% market penetration, by the end of 2025. Anthem, Humana and WellCare Health Plans are signaling plans to aggressively grow their Medicare Advantage businesses with the help of mergers and acquisitions. The three health insurers are in a competitive battle with...
Arizona News

A New Alliance in Arizona: Cigna and Arizona Care Network

The idea is to offer health plans in Maricopa County that promise to save employers money on health insurance premiums. This is the first time the two organizations not only jointly govern the health plans they are launching, but also will share in the risks of the plans' financial success, said Dr. David Hanekom, CEO of Arizona Care...
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