(CI) Cigna - Ratings and Ratios

Cigna Group, operating under the ticker symbol CI on the NYSE, is a prominent player in the health care services sector. As a multinational corporation founded in 1792 and headquartered in Bloomfield, Connecticut, Cigna specializes in providing a diverse array of insurance products and services. The company rebranded from Cigna Corporation to The Cigna Group in February 2023, reflecting its expanded scope and evolution in the health care industry.

Cignas operations are divided into two primary segments: Evernorth Health Services and Cigna Healthcare. The Evernorth Health Services segment offers a comprehensive suite of health services, including pharmacy benefits management, home delivery pharmacy services, specialty pharmacy offerings, distribution solutions, and care delivery and management services. These services are tailored to meet the needs of health plans, employers, government organizations, and health care providers, ensuring a coordinated approach to health management.

The Cigna Healthcare segment provides an extensive range of medical, pharmacy, behavioral health, and dental services. This segment also offers Medicare Advantage, Medicare Supplement, and Medicare Part D plans designed for seniors, as well as individual health insurance plans. Additionally, Cigna extends its coverage internationally, catering to mobile individuals and employees of multinational organizations, thus providing global health care benefits. The company also offers permanent insurance contracts and stop loss insurance, enhancing its product portfolio.

Cigna distributes its products and services through multiple channels, including insurance brokers and consultants, direct sales to employers, unions, groups, and individuals, as well as through private and public exchanges. This multifaceted approach ensures broad market reach and accessibility to a diverse customer base.