Cigna to sell Medicare business to HCSC for $3.3B

Cigna to sell Medicare business to HCSC for $3.3B
Becker's Payer Issues, by Rylee Wilson; 1/31/24
The Cigna Group reached a deal to sell its Medicare business to Health Care Service Corp. for $3.3 billion. According to a Jan. 31 news release from Cigna, the sale includes Cigna's Medicare Advantage, supplemental benefits, Medicare Part D offerings, and CareAllies, a value-based care management subsidiary.