Friday, 10 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Health and Wellness > Cigna Profits Hit $1.3 Billion As Health Insurer Gets Handle On Costs
Health and Wellness

Cigna Profits Hit $1.3 Billion As Health Insurer Gets Handle On Costs

Last updated: May 2, 2025 3:16 am
Share
Cigna Profits Hit .3 Billion As Health Insurer Gets Handle On Costs
SHARE

The Cigna Group, a prominent health insurer, recently announced a significant turnaround in its financial performance for the first quarter of the year. The company reported a profit of $1.3 billion, marking a substantial improvement from the previous year when it incurred a net loss of $277 million. This positive outcome can be attributed to the company’s efforts to control escalating medical costs and the strong performance of its Evernorth business segment.

With total revenues for the first quarter soaring by 14% to $65.5 billion, Cigna highlighted the growth of existing client relationships and the robust specialty pharmacy growth in Evernorth Health Services as key contributing factors. The company’s quarterly earnings report, released on Friday, showcased the potential for future growth and a promising financial outlook for the remainder of 2025.

Despite grappling with rising medical costs, as evidenced by an increase in the medical cost ratio (MCR) to 82.2% for the first quarter of 2025, Cigna remains optimistic about its prospects. The recent divestiture of its Medicare-related businesses to Health Care Service Corp. is expected to lower costs and drive future profitability.

Unlike its competitors heavily reliant on Medicare Advantage plans for seniors, Cigna’s strategic decision to sell its Medicare health benefits businesses positions it favorably in the current market landscape. The company’s focus now lies on its core businesses, including commercial health plans, health benefits administration for employers, and the Evernorth health services division, which encompasses the renowned pharmacy benefit manager, Express Scripts.

David M. Cordani, Chairman and CEO of Cigna, emphasized the company’s commitment to building a sustainable healthcare model that prioritizes transparency and customer support. The strong first-quarter results and the revised full-year earnings outlook reflect the resilience of Cigna’s growth platforms amidst a dynamic industry environment.

See also  Atul Gawande on Haven, USAID, longevity

Looking ahead, Cigna projects a consolidated adjusted income from operations of $29.60 per share for the full year 2025, underscoring its confidence in delivering continued value to stakeholders. As Cigna continues to navigate the evolving healthcare landscape, its strategic initiatives and strong financial performance position it as a key player in the industry.

TAGGED:billionCignaCostsHandleHealthhitinsurerprofits
Share This Article
Twitter Email Copy Link Print
Previous Article Anger, frustration after flooding in Canterbury Anger, frustration after flooding in Canterbury
Next Article Why are airline seats so small? It all started in 1978. Why are airline seats so small? It all started in 1978.
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Michigan church shooter Thomas Sanford had unhinged obsession with Mormons for years leading up to attack

GRAND BLANC — The shooter of a Michigan Latter-day Saints church, Thomas Sanford, reportedly harbored…

September 30, 2025

Kiko Kostadinov Spring 2026 Ready-to-Wear Collection

Your Unique Title Here Your Main Heading This is a unique version of the original…

October 7, 2025

US bombs nuclear sites in Iran

Donald Trump's decision to strike three nuclear sites in Iran has escalated tensions in the…

June 22, 2025

Nvidia, the AI chipmaker, just hit another record high

Nvidia Surges to Record High as Market Cap Tops $3.4 Trillion On Monday, Nvidia shares…

October 14, 2024

Learning to Think Like Someone Else (with David Marquet)

0:37 Intro. Russ Roberts: Today is July 17th, 2025. Before I introduce today's guest, I…

August 11, 2025

You Might Also Like

Cybersecurity agency that clashed with Trump one of the first hit with federal firings due to government shutdown
World News

Cybersecurity agency that clashed with Trump one of the first hit with federal firings due to government shutdown

October 10, 2025
Canary Islands’ VFX Studios Hit Global Stage With Work on ‘The Accountant 2,’ ‘The Morning Show’ and ‘Gangs of London’
Entertainment

Canary Islands’ VFX Studios Hit Global Stage With Work on ‘The Accountant 2,’ ‘The Morning Show’ and ‘Gangs of London’

October 10, 2025
STAT+: HHS employees to be fired as White House enacts mass terminations it blames on shutdown
Health and Wellness

STAT+: HHS employees to be fired as White House enacts mass terminations it blames on shutdown

October 10, 2025
Transforming Presidential Health Care: Insights from a Former White House Doctor
Tech and Science

Transforming Presidential Health Care: Insights from a Former White House Doctor

October 10, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?