Fed. Judge Denies Cigna's Motion to Dismiss Class Action Alleging Overcharging
A federal judge in Connecticut on Thursday denied Cigna Health & Life Insurance Co.'s motion to dismiss a potential class action alleging the mega-insurance company engaged in a scheme to defraud customers by overcharging them—in some cases more ...
Cigna to Buy Pharmacy Benefits Manager Express Scripts for $52 Billion
U.S. health insurer Cigna Corp. struck a $52-billion deal to buy pharmacy benefits manager (PBM) Express Scripts Holding Co on Thursday, looking for new ways to hold onto their profits as the industry faces greater scrutiny for rising healthcare costs ...
Cigna Earnings Strong But Breakout Fizzles; Molina Beats
Health insurer Cigna (CI) reported third-quarter results before the open on Thursday that sailed past Wall Street estimates. Cigna stock, which initially tanked on its February deal to buy Express Scripts (ESRX), cleared a cup-with-handle buy point at ...