STAT1h
Pharmalittle: We’re reading about the RFK Jr. confirmation hearings, CMS plans for drug-pricing talks, and more
In his first confirmation hearing, Robert F. Kennedy Jr. tried to distance himself from his past statements on abortion and ...
kffhealthnews1h
Cigna: US Patients’ Drug Expenses Won’t Exceed Employer Contributions
In the wake of federal pressure over its prescription costs, Cigna Group is looking to lower the out-of-pocket drug expenses that its patients face by matching the amount to employer contributions and ...
SNAPSHOT S&P 500, Nasdaq open higher as markets assess barrage of earnings
The S&P 500 and the Nasdaq opened higher on Thursday, driven by post-earnings gains in Meta and Tesla, while Microsoft's lackluster cloud forecast and downbeat results from Cigna tempered overall ...
Cigna Stock Dives On Q4 Earnings Miss: 'We Are Taking Corrective Actions To Address These Near-Term Pressures'
Cigna reported fourth-quarter revenue of $65.68 billion, beating analyst estimates of $63.36 billion, according to Benzinga Pro. The company reported fourth-quarter adjusted earnings of $6.64 per ...
Cigna quarterly profit hit by higher medical costs, shares tumble
Cigna forecast annual profit below Wall Street expectations on Thursday and missed estimates for the fourth quarter, as high-cost claims in employer-sponsored plans drove up expenses in its backup ...
Cigna Raises Quarterly Dividend by 7.9%, Boosts Buyback Program by $6 Billion
Cigna Group's board has raised the health insurer's quarterly dividend by 7.9%, to $1.51 from $1.40, and added $6 billion to the its share-repurchase plan. The new payout, equal to $6.04 a year, ...
Cigna Stock Dives After Earnings. Here’s What Went Wrong.
Cigna Group stock was falling sharply after the health insurer missed quarterly earnings estimates and issued light guidance ...
Modern Healthcare3h
Cigna tumbles after medical costs hit quarterly profit
Cigna Group shares fell sharply after the health insurer reported fourth-quarter profit that was dragged down by medical costs, a trend that’s concerned investors in the sector for months.
Fierce Healthcare4h
Cigna posts Q4 earnings miss as medical costs remain elevated
Cigna said its medical loss ratio was 87.9% in Q4 2024, compared to 82.2% in the prior-year quarter. For the full-year 2024, MLR was 83.2%, which was still higher compared to the 81.3% its insurance ...
The Tokenist4h
Cigna Group (NYSE: CI) Falls Short of Q4 Expected EPS
Cigna Group (NYSE: CI) reported its performance in the fourth quarter of 2024, with total revenues reaching $65.6 billion.
Cigna reports Q4 adjusted EPS $6.64 vs. $6.79 last year
Reports Q4 revenue $65.65B, consensus $63.18B. “While higher medical costs in our stop loss product impacted fourth quarter earnings, we are ...
Cigna sees FY25 adjusted EPS $29.50
Sees FY25 adjusted revenue at least $252,000. Sees FY25 capital expenditures $1.4B. Sees FY25 effective tax rate 19%. The company said, “The ...