Cigna: Difference between revisions
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|Name = Cigna | |Name = Cigna | ||
|Logo = Cigna.png | |Logo = Cigna.png | ||
|Location = [[Bloomfield, Connecticut | |Location = [[Bloomfield, Connecticut]]<ref>[http://www.cigna.com/about-us/contact-us/?WT.z_nav=about-cigna%3BTop-Nav%3Bcontact-us ''Cigna'', "Contact us," accessed March 29, 2016]</ref> | ||
|Type = | |Type = | ||
|Affiliation = | |Affiliation = | ||
| Line 22: | Line 22: | ||
|Connections = }}{{tnr}} | |Connections = }}{{tnr}} | ||
'''Cigna''' is an international health services organization based in the United States. | '''Cigna''' is an international health services organization based in the United States. As of August 2025, their website says they "serve customers and clients through our U.S. Employer, U.S. Government, and International Health businesses and engage with employers and their employees, as well as with consumers, brokers, consultants, and health care providers."<ref name=Aboutus>[https://www.cigna.com/about-us/ ''Cigna,'' "About Us," accessed August 7, 2025]</ref> | ||
==History== | ==History== | ||
| Line 59: | Line 57: | ||
The INA Corporation merged with the Connecticut General Corporation in 1981 and formed Cigna in 1982. Through a series of corporate acquisitions, Cigna further diversified its health insurance portfolio. The company offered prepaid dental insurance, pioneered behavioral-health disability benefits, added vision insurance, and participated in Medicare and Medicaid coverage. Cigna broadened its international market through the establishment of Cigna International, Cigna International Financial Services, and participation in joint ventures with regional partners.<ref name=History/> | The INA Corporation merged with the Connecticut General Corporation in 1981 and formed Cigna in 1982. Through a series of corporate acquisitions, Cigna further diversified its health insurance portfolio. The company offered prepaid dental insurance, pioneered behavioral-health disability benefits, added vision insurance, and participated in Medicare and Medicaid coverage. Cigna broadened its international market through the establishment of Cigna International, Cigna International Financial Services, and participation in joint ventures with regional partners.<ref name=History/> | ||
Cigna began to refocus its efforts on the health insurance market during the 1990s and early 2000s. The company sold a number of its non-health insurance offerings and unrelated financial interests during this period in order to specialize in the health insurance industry. | Cigna began to refocus its efforts on the health insurance market during the 1990s and early 2000s. The company sold a number of its non-health insurance offerings and unrelated financial interests during this period in order to specialize in the health insurance industry.<ref name=History/> | ||
As of August 2025, their website says they are "committed to a better future built on the vitality of every individual and every community."<ref>[https://investors.thecignagroup.com/overview/default.aspx ''Cigna,'' "The Cigna Group Corporate Overview," accessed August 7, 2025]</ref> | |||
As | |||
== | ==Leadership== | ||
Cigna | As of August 2025, the following were listed as members of the Cigna Board of Directors: | ||
*'''David M. Cordani''', Chairman and Chief Executive Officer, The Cigna Group | |||
*'''Eric J. Foss''', Former Chair, President and Chief Executive Officer, Aramark | |||
*'''Retired Maj. Gen. Elder Granger, M.D.''', President and Chief Executive Officer, THE 5Ps, LLC | |||
*'''Neesha Hathi''', Head of Wealth and Advice Solutions, The Charles Schwab Corporation | |||
*'''Michael J. Hennigan''', Executive Chairman, Marathon Petroleum Corporation and MPLX, | |||
*'''George Kurian''', Chief Executive Officer, NetApp, Inc. | |||
*'''Kathleen M. Mazzarella''', Chair, President and Chief Executive Officer, Graybar Electric Company, Inc. | |||
*'''Mark B. McClellan, M.D., Ph.D.''', Director, Duke-Robert J. Margolis, M.D.''', Institute for Health Policy | |||
*'''Philip O. Ozuah, M.D., Ph.D.''', President and Chief Executive Officer, Montefiore Einstein | |||
*'''Kimberly A. Ross''', Former Chief Financial Officer, Baker Hughes Company | |||
*'''Eric C. Wiseman''', Lead Independent Director, The Cigna Group Former Executive Chair, President and Chief Executive Officer, VF Corporation | |||
*'''Donna F. Zarcone''',Former President and Chief Executive Officer, The Economic Club of Chicago | |||
==Work and activities== | |||
As of August 2025, Cigna's website said the following:<ref name=Aboutus/> | |||
{{quote|We are an advocate for better health through every stage of life. Guiding customers through the health care system, we empower them with the information and insight they need to make the best choices for improving their health and vitality. As the health benefits provider of The Cigna Group℠, we serve customers and clients through our U.S. Employer, U.S. Government, and International Health businesses and engage with employers and their employees, as well as with consumers, brokers, consultants, and health care providers.}} | |||
Additionally, their website mentions various insurance types including medical, dental, vision and mental health, among others.<Ref name=Aboutus/> | |||
===Lobbying=== | |||
As of August 2025, Cigna's website said the following: <ref name=Lobbying>[https://www.thecignagroup.com/our-impact/esg/healthy-company/lobbying-activity-political-contributions ''Cigna,'' "Lobbying," accessed August 7, 2025]</ref> | |||
{{quote|The Cigna Group Government Affairs team leads engagement in complex policy matters that are aligned to business priorities. Consistent with our commitment to thoughtful and constructive engagement in public dialogues around the world, we strive to advance public policy proposals that will improve the health and vitality of those we serve. Patients, providers, and employers deserve an efficient and integrated delivery model that creates and rewards quality outcomes and supports private sector innovation to best serve the patient.}} | |||
Cigna also supports its lobbying outreach through membership in state and national trade associations. Cigna was a member of the following trade associations in | Cigna also supports its lobbying outreach through membership in state and national trade associations. Cigna was a member of the following trade associations in 2024:<ref>[https://www.thecignagroup.com/static/www-thecignagroup-com/docs/trade-association-membership-dues-2024.pdf ''Cigna,'' "Trade association memberships," accessed August 7, 2025]</ref> | ||
<div style="column-count:2;-moz-column-count:2;-webkit-column-count:2" class="mobile-columns"> | <div style="column-count:2;-moz-column-count:2;-webkit-column-count:2" class="mobile-columns"> | ||
* | *Accountable for Health | ||
*American Telemedicine Association Action | |||
*America’s Health Insurance Plans | |||
*Arizonans for Affordable Health Coverage | |||
*Association of Behavioral Health & Wellness | |||
*Association of California Life & Health Insurance Companies | |||
*The Business Roundtable | |||
*Colorado Association of Health Plans | |||
*Connecticut Association of Health Plans | *Connecticut Association of Health Plans | ||
* | *Florida Association of Health Plans Inc. | ||
* | *The Insurance Federation of Pennsylvania Inc. | ||
*National Association of Dental Plans | *Massachusetts Association of Health Plans | ||
*New Jersey Association of Health Plans | *National Association of Dental Plans | ||
*New Jersey Association of Health Plans | |||
*New York Health Plan Association Inc. | |||
*North Carolina Association of Health Plans Inc. | |||
*Pharmaceutical Care Management Association | *Pharmaceutical Care Management Association | ||
* | *Texas Association of Health Plans | ||
*U.S. Chamber of Commerce | |||
* | *Virginia Association of Health Plans | ||
* | |||
</div> | </div> | ||
===Political contributions=== | ===Political contributions=== | ||
As of August 2025, Cigna's website said the following:<ref name=Lobbying/> | |||
{{quote|The Cigna Group regularly supports federal, state, and local officials as well as candidates, parties, and other politically oriented groups and organizations the company believes can advance its mission, business objectives, and goals, including policies or issues that support our vision for a sustainable health care system.}} | |||
The | |||
===[[Affordable Care Act]]=== | ===[[Affordable Care Act]]=== | ||
| Line 200: | Line 118: | ||
Cigna coordinated with the federal government to provide health benefits to consumers following the passage of the [[Affordable Care Act]] (ACA). In 2014, Cigna enrolled between 75,000 and 100,000 individuals in health insurance plans in [[Arizona]], [[Florida]], [[Colorado]], [[Texas]], and [[Tennessee]] under the ACA. By 2015, Cigna insured roughly 230,000 individual ACA customers. However, Cigna pulled out of [[Florida|Florida's]] health insurance marketplace at the end of 2015 due to "soaring costs in its Florida plans on fraud and abuse in 'out-of-network substance abuse clinics and labs.'"<ref name=Re>[http://www.reuters.com/article/us-summit-cigna-idUSBREA301FL20140401 ''Reuters'', "Cigna says signed up 75,000-100,000 for Obamacare," April 1, 2014]</ref><ref>[http://health.wusf.usf.edu/post/cigna-pulls-out-fl-marketplace-cites-abuse#stream/0 ''Health News Florida'', "Cigna Pulls Out Of FL Marketplace, Cites Abuse," October 15, 2015]</ref> | Cigna coordinated with the federal government to provide health benefits to consumers following the passage of the [[Affordable Care Act]] (ACA). In 2014, Cigna enrolled between 75,000 and 100,000 individuals in health insurance plans in [[Arizona]], [[Florida]], [[Colorado]], [[Texas]], and [[Tennessee]] under the ACA. By 2015, Cigna insured roughly 230,000 individual ACA customers. However, Cigna pulled out of [[Florida|Florida's]] health insurance marketplace at the end of 2015 due to "soaring costs in its Florida plans on fraud and abuse in 'out-of-network substance abuse clinics and labs.'"<ref name=Re>[http://www.reuters.com/article/us-summit-cigna-idUSBREA301FL20140401 ''Reuters'', "Cigna says signed up 75,000-100,000 for Obamacare," April 1, 2014]</ref><ref>[http://health.wusf.usf.edu/post/cigna-pulls-out-fl-marketplace-cites-abuse#stream/0 ''Health News Florida'', "Cigna Pulls Out Of FL Marketplace, Cites Abuse," October 15, 2015]</ref> | ||
<!--==Opposition== | |||
==Opposition== | |||
===2016 presidential election=== | ===2016 presidential election=== | ||
::''See also:'' [[Hillary Clinton presidential campaign, 2016/Healthcare]] | ::''See also:'' [[Hillary Clinton presidential campaign, 2016/Healthcare]] | ||
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All four health insurers intended to fight the lawsuits. According to ''Reuters'', Cigna stated that it was "evaluating its options."<ref>[http://www.reuters.com/article/us-usa-healthcare-antitrust-idUSKCN1011VU ''Reuters'', "U.S. regulators sue to block Anthem-Cigna, Aetna-Humana insurer mergers," July 21, 2016]</ref> | All four health insurers intended to fight the lawsuits. According to ''Reuters'', Cigna stated that it was "evaluating its options."<ref>[http://www.reuters.com/article/us-usa-healthcare-antitrust-idUSKCN1011VU ''Reuters'', "U.S. regulators sue to block Anthem-Cigna, Aetna-Humana insurer mergers," July 21, 2016]</ref> | ||
U.S. District Judge [[Amy B. Jackson]] halted the proposed merger between Cigna and [[Anthem]] on February 8, 2017, amid concerns that the merger would hurt competition in the health insurance market.<ref>[http://www.politico.com/story/2017/02/judge-rejects-anthems-54-billion-takeover-of-cigna-234826 ''Politico'', "Judge rejects Anthem's $54 billion takeover of Cigna," February 8, 2017]</ref> | U.S. District Judge [[Amy B. Jackson]] halted the proposed merger between Cigna and [[Anthem]] on February 8, 2017, amid concerns that the merger would hurt competition in the health insurance market.<ref>[http://www.politico.com/story/2017/02/judge-rejects-anthems-54-billion-takeover-of-cigna-234826 ''Politico'', "Judge rejects Anthem's $54 billion takeover of Cigna," February 8, 2017]</ref>--> | ||
== | ==Affiliations== | ||
Cigna engages in community outreach and public service through the Cigna Foundation, a [[501(c)(3)]] private foundation founded in 1962 that aims to support community healthcare organizations and outreach. The foundation's World Difference Grants provide funding to community healthcare organizations and build local partnerships with Cigna professionals to share the company's healthcare knowledge and experience.<ref>[http://www.cigna.com/about-us/corporate-responsibility/cigna-foundation ''Cigna'', "Cigna Foundation," accessed March 29, 2016]</ref><ref name=Com>[http://www.cigna.com/newsroom/news-releases/2015/cigna-foundation-renews-world-of-difference-grant-to-community-solutions ''Cigna'', "Cigna Foundation Renews World of Difference Grant to Community Solutions," December 2, 2015]</ref> | |||
In 2007, the Cigna Foundation put forward a $1 million grant to establish the Global Knowledge Exchange Network (GKEN). The network aims to build collaboration between government leaders, healthcare providers, philanthropic leaders, business innovators, academia, and health insurance companies to improve global healthcare practices.<ref name=History/> | |||
=== | ==Notable endorsements== | ||
<APIWidget where='endorser_organization=20142' template='EndorsementsByEndorser' /> | |||
== | == Finances == | ||
The following is a breakdown of Cigna's revenues and expenses from 2015 to 2024. The information comes from [https://investors.thecignagroup.com/financials/annual-reports/default.aspx Cigna's website] | |||
<datatable caption="Cigna financial data 2015-2024"> | |||
! align="left"|Year | |||
! Revenue | |||
! Expenses | |||
|- | |||
|2015 ||$37,876,000 ||$34,549,000 | |||
|- | |||
|2016 ||$39,668,000 ||$36,689,000 | |||
|- | |||
|2017 ||$41,806,000 ||$37,864,000 | |||
|- | |||
|2018 ||$48,650,000 ||$44,490,000 | |||
|- | |||
|2019 ||$153,566,000 ||$145,489,000 | |||
|- | |||
|2020 ||$160,401,000 ||$152,248,000 | |||
|- | |||
|2021 ||$174,078,000 ||$166,143,000 | |||
|- | |||
|2022 ||$180,518,000 ||$172,068,000 | |||
|- | |||
|2023 ||$195,265,000 ||$186,729,000 | |||
|- | |||
|2024 ||$247,121,000 ||$237,704,000 | |||
</datatable> | |||
==Recent news== | ==Recent news== | ||
| Line 257: | Line 178: | ||
==See also== | ==See also== | ||
* [[What is an influencer|What is an influencer?]] | |||
*[[Hillary Clinton presidential campaign, 2016/Healthcare]] | *[[Hillary Clinton presidential campaign, 2016/Healthcare]] | ||
*[[Healthcare Policy]] | *[[Healthcare Policy]] | ||
| Line 262: | Line 184: | ||
==External links== | ==External links== | ||
*[https://http://www.cigna.com/ Cigna homepage] | *[https://http://www.cigna.com/ Cigna homepage] | ||
*[https:// | *[https://investors.thecignagroup.com/overview/default.aspx The Cigna Group website] | ||
*[https://www.facebook.com/CIGNA Cigna on Facebook] | *[https://www.facebook.com/CIGNA Cigna on Facebook] | ||
*[https://www.linkedin.com/company/cignahealthcare Cigna on LinkedIn] | |||
*[https://twitter.com/Cigna Cigna on X] | |||
==Footnotes== | ==Footnotes== | ||
Latest revision as of 06:19, 7 August 2025
| Cigna | |
 | |
| Basic facts | |
| Location: | Bloomfield, Connecticut[1] |
| Top official: | David M. Cordani, President, CEO and director |
| Year founded: | 1982 |
| Website: | Official website |
Cigna is an international health services organization based in the United States. As of August 2025, their website says they "serve customers and clients through our U.S. Employer, U.S. Government, and International Health businesses and engage with employers and their employees, as well as with consumers, brokers, consultants, and health care providers."[2]
History
CIGNA was established in 1982 through the merger of the Insurance Company of North America (INA) and the Connecticut General Life Insurance Company (CG).[3]
Insurance Company of North America
The INA, which issued the nation's first marine insurance policies, was founded in 1792. The company added fire and life insurance policies to its insurance portfolio and, in 1887, embarked on international expansion. INA established insurance agents in England, Austria, and Argentina and became the first U.S.-based life insurance company to issue policies in China. In 1946, INA created a specialized international department to manage its growing insurance offerings across Europe, Africa, Asia, South America, and the Near East.[3]
| INA and CG insurance offerings, 1792-1964[3] |
|---|
|
INA established the Life Insurance Company of North America (LINA) in 1956 in order to manage and develop its life insurance policies and group coverage. INA increased its workers' compensation offerings and West Coast presence through the acquisition of the Pacific Employers Group (PEG) in 1965. Two years later, INA created the overarching INA Corporation, which allowed the company to further grow its insurance business and financial interests.[3]
Connecticut General Life Insurance Company
The Connecticut General Life Insurance Company (CG) was created in 1865. CG offered its first accident insurance policy in 1912 and its first group life insurance policy in 1913. The company expanded to offer group accident and group sickness insurance in 1919 as well as group pension contracts in 1924. Over the next several decades, CG added group health insurance, catastrophic medical coverage, and group dental plans to its insurance portfolio. In 1967, CG created a holding company, Connecticut General Insurance Corporation, which allowed the company to further diversify its insurance offerings in addition to its investment interests. CG established the company's first mutual funds in 1968, which allowed the company to broaden its investment products. The company's growing portfolio of insurance and investment opportunities prompted CG to restructure as a general business corporation, the Connecticut General Corporation, in 1981.[3]
Merger
The INA Corporation merged with the Connecticut General Corporation in 1981 and formed Cigna in 1982. Through a series of corporate acquisitions, Cigna further diversified its health insurance portfolio. The company offered prepaid dental insurance, pioneered behavioral-health disability benefits, added vision insurance, and participated in Medicare and Medicaid coverage. Cigna broadened its international market through the establishment of Cigna International, Cigna International Financial Services, and participation in joint ventures with regional partners.[3]
Cigna began to refocus its efforts on the health insurance market during the 1990s and early 2000s. The company sold a number of its non-health insurance offerings and unrelated financial interests during this period in order to specialize in the health insurance industry.[3]
As of August 2025, their website says they are "committed to a better future built on the vitality of every individual and every community."[4]
Leadership
As of August 2025, the following were listed as members of the Cigna Board of Directors:
- David M. Cordani, Chairman and Chief Executive Officer, The Cigna Group
- Eric J. Foss, Former Chair, President and Chief Executive Officer, Aramark
- Retired Maj. Gen. Elder Granger, M.D., President and Chief Executive Officer, THE 5Ps, LLC
- Neesha Hathi, Head of Wealth and Advice Solutions, The Charles Schwab Corporation
- Michael J. Hennigan, Executive Chairman, Marathon Petroleum Corporation and MPLX,
- George Kurian, Chief Executive Officer, NetApp, Inc.
- Kathleen M. Mazzarella, Chair, President and Chief Executive Officer, Graybar Electric Company, Inc.
- Mark B. McClellan, M.D., Ph.D., Director, Duke-Robert J. Margolis, M.D., Institute for Health Policy
- Philip O. Ozuah, M.D., Ph.D., President and Chief Executive Officer, Montefiore Einstein
- Kimberly A. Ross, Former Chief Financial Officer, Baker Hughes Company
- Eric C. Wiseman, Lead Independent Director, The Cigna Group Former Executive Chair, President and Chief Executive Officer, VF Corporation
- Donna F. Zarcone,Former President and Chief Executive Officer, The Economic Club of Chicago
Work and activities
As of August 2025, Cigna's website said the following:[2]
| “ | We are an advocate for better health through every stage of life. Guiding customers through the health care system, we empower them with the information and insight they need to make the best choices for improving their health and vitality. As the health benefits provider of The Cigna Group℠, we serve customers and clients through our U.S. Employer, U.S. Government, and International Health businesses and engage with employers and their employees, as well as with consumers, brokers, consultants, and health care providers.[5] | ” |
Additionally, their website mentions various insurance types including medical, dental, vision and mental health, among others.[2]
Lobbying
As of August 2025, Cigna's website said the following: [6]
| “ | The Cigna Group Government Affairs team leads engagement in complex policy matters that are aligned to business priorities. Consistent with our commitment to thoughtful and constructive engagement in public dialogues around the world, we strive to advance public policy proposals that will improve the health and vitality of those we serve. Patients, providers, and employers deserve an efficient and integrated delivery model that creates and rewards quality outcomes and supports private sector innovation to best serve the patient.[5] | ” |
Cigna also supports its lobbying outreach through membership in state and national trade associations. Cigna was a member of the following trade associations in 2024:[7]
- Accountable for Health
- American Telemedicine Association Action
- America’s Health Insurance Plans
- Arizonans for Affordable Health Coverage
- Association of Behavioral Health & Wellness
- Association of California Life & Health Insurance Companies
- The Business Roundtable
- Colorado Association of Health Plans
- Connecticut Association of Health Plans
- Florida Association of Health Plans Inc.
- The Insurance Federation of Pennsylvania Inc.
- Massachusetts Association of Health Plans
- National Association of Dental Plans
- New Jersey Association of Health Plans
- New York Health Plan Association Inc.
- North Carolina Association of Health Plans Inc.
- Pharmaceutical Care Management Association
- Texas Association of Health Plans
- U.S. Chamber of Commerce
- Virginia Association of Health Plans
Political contributions
As of August 2025, Cigna's website said the following:[6]
| “ | The Cigna Group regularly supports federal, state, and local officials as well as candidates, parties, and other politically oriented groups and organizations the company believes can advance its mission, business objectives, and goals, including policies or issues that support our vision for a sustainable health care system.[5] | ” |
Affordable Care Act
- See also: Healthcare.gov website rollout
Cigna coordinated with the federal government to provide health benefits to consumers following the passage of the Affordable Care Act (ACA). In 2014, Cigna enrolled between 75,000 and 100,000 individuals in health insurance plans in Arizona, Florida, Colorado, Texas, and Tennessee under the ACA. By 2015, Cigna insured roughly 230,000 individual ACA customers. However, Cigna pulled out of Florida's health insurance marketplace at the end of 2015 due to "soaring costs in its Florida plans on fraud and abuse in 'out-of-network substance abuse clinics and labs.'"[8][9]
Affiliations
Cigna engages in community outreach and public service through the Cigna Foundation, a 501(c)(3) private foundation founded in 1962 that aims to support community healthcare organizations and outreach. The foundation's World Difference Grants provide funding to community healthcare organizations and build local partnerships with Cigna professionals to share the company's healthcare knowledge and experience.[10][11]
In 2007, the Cigna Foundation put forward a $1 million grant to establish the Global Knowledge Exchange Network (GKEN). The network aims to build collaboration between government leaders, healthcare providers, philanthropic leaders, business innovators, academia, and health insurance companies to improve global healthcare practices.[3]
Notable endorsements
This section displays endorsements this organization made in elections within Ballotpedia's coverage scope. Know of one we missed? Click here to let us know.
Finances
The following is a breakdown of Cigna's revenues and expenses from 2015 to 2024. The information comes from Cigna's website
| Year | Revenue | Expenses |
|---|---|---|
| 2015 | $37,876,000 | $34,549,000 |
| 2016 | $39,668,000 | $36,689,000 |
| 2017 | $41,806,000 | $37,864,000 |
| 2018 | $48,650,000 | $44,490,000 |
| 2019 | $153,566,000 | $145,489,000 |
| 2020 | $160,401,000 | $152,248,000 |
| 2021 | $174,078,000 | $166,143,000 |
| 2022 | $180,518,000 | $172,068,000 |
| 2023 | $195,265,000 | $186,729,000 |
| 2024 | $247,121,000 | $237,704,000 |
Recent news
The link below is to the most recent stories in a Google news search for the terms Aetna. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
See also
External links
Footnotes
- ↑ Cigna, "Contact us," accessed March 29, 2016
- ↑ 2.0 2.1 2.2 Cigna, "About Us," accessed August 7, 2025
- ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 Cigna, "Cigna milestones," accessed March 28, 2016
- ↑ Cigna, "The Cigna Group Corporate Overview," accessed August 7, 2025
- ↑ 5.0 5.1 5.2 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ 6.0 6.1 Cigna, "Lobbying," accessed August 7, 2025
- ↑ Cigna, "Trade association memberships," accessed August 7, 2025
- ↑ Reuters, "Cigna says signed up 75,000-100,000 for Obamacare," April 1, 2014
- ↑ Health News Florida, "Cigna Pulls Out Of FL Marketplace, Cites Abuse," October 15, 2015
- ↑ Cigna, "Cigna Foundation," accessed March 29, 2016
- ↑ Cigna, "Cigna Foundation Renews World of Difference Grant to Community Solutions," December 2, 2015
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