Cigna Group
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|
Revenues | 153.7b | 160.6b | 174.3b | 180.6b | 195.2b | 238.2b | 247.9b |
% growth | 217 % | 4 % | 9 % | 4 % | 8 % | 22 % | 4 % |
Profit | 5.1b | 8.5b | 5.4b | 6.7b | 5.2b | - | - |
% profit margin | 3 % | 5 % | 3 % | 4 % | 3 % | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
* | N/A | - | |
Total Funding | - |
Related Content
Recent News about Cigna Group
EditCigna Healthcare, a subsidiary of The Cigna Group, is a global health benefits provider dedicated to improving health and wellness at every stage of life. The company operates in the health insurance market, offering a wide range of products and services designed to meet the needs of various clients, including individuals, families, employers, and government entities.
Cigna Healthcare serves U.S. commercial clients through employer-sponsored health plans and solutions, as well as U.S. government clients through Medicare and individual health plans. The company also provides specialized health services through its Evernorth affiliates, which include home-based care and pharmacy solutions.
The business model of Cigna Healthcare revolves around providing comprehensive health benefits that help clients navigate the complex healthcare system. This includes offering insurance policies for accidental injury, critical illness, and hospital care, as well as dental health services through subsidiaries like Dental Health of Florida, Inc. The company also emphasizes mental health support, particularly for youth, recognizing the significant impact of mental health on overall well-being and healthcare costs.
Cigna Healthcare makes money primarily through premiums paid by policyholders and fees for services provided. The company also generates revenue from its network of healthcare providers and affiliates, such as Tel Drug, Inc. and Tel Drug of Pennsylvania, L.L.C., which offer pharmacy services.
In summary, Cigna Healthcare is a comprehensive health benefits provider that supports clients through various stages of life with a focus on improving health outcomes and reducing healthcare costs. The company leverages its extensive network and expertise to offer tailored solutions that empower clients to make informed health decisions.
Keywords: Health Insurance, Wellness, Employer-Sponsored Plans, Medicare, Individual Health Plans, Mental Health, Home-Based Care, Pharmacy Services, Dental Health, Global Provider.