cigna corp (CI) Key Developments
Cigna Corporation Enters into Ten-Year Strategic PBM Partnering Agreement with Catamaran
Jun 10 13
Cigna Corporation announced it will build on its pharmacy benefits business by entering into a ten-year strategic PBM partnering agreement with Catamaran which combines the customer focus and clinical excellence of Cigna's pharmacy team with the capabilities of Catamaran, and the combined purchasing scale of the two companies. Cigna will continue to offer fully integrated management of medical and pharmacy benefits consistent with its business strategy. Under the terms of the agreement, Cigna will continue to lead formulary management, clinical and product development and sales and marketing, while also managing all day-to-day customer- and client-facing functions. Cigna will also continue to provide differentiated clinical services to over eight million customers and integration of medical care and disability management with clinical and pharmacy programs. In retaining its direct engagement with physicians and health care professionals, Cigna will build on its commitment to provide better health outcomes for customers. Catamaran will bring a leading technology and service platform to better serve Cigna's existing and future pharmacy customers. Catamaran will also provide prescription drug procurement and inventory management, order fulfillment for Cigna's home-delivery pharmacy, retail network contracting, and claims processing. Cigna will continue to be the brand for all pharmacy-related customer interactions. All home delivery prescription drugs and refills will be dispensed and distributed under the Cigna name and label.
Cigna Corp. - Special Call
Jun 10 13
To discuss ten-year strategic PBM partnering agreement with Catamaran
Cigna Corp. Presents at Goldman Sachs 34th Annual Global Healthcare Conference, Jun-11-2013 10:00 AM
May 24 13
Cigna Corp. Presents at Goldman Sachs 34th Annual Global Healthcare Conference, Jun-11-2013 10:00 AM. Venue: Terranea Resort, Rancho Palos Verdes, California, United States. Speakers: David M. Cordani, Chief Executive Officer, President, Director and Member of Executive Committee.
Cigna Corp. Announces Executive Changes
May 13 13
Cigna Corp. announced that Thomas A. McCarthy, currently Vice President of Finance, will succeed Ralph J. Nicoletti, who has elected to leave the company for personal reasons, as Executive Vice President and Chief Financial Officer. On July 12, 2013, McCarthy will assume the role of Chief Financial Officer and have executive leadership responsibility for all of Cigna's financial operations and functions, as well as for Cigna's investment management and strategic planning units. McCarthy and Nicoletti will work together to ensure a seamless transition.
Cigna Corp. Launches Cash Advantage Critical Illness Product
May 8 13
Cigna Corp. announced its individual and family plans are now offering its Cash Advantage Critical Illness product, which will be marketed and administered through Cigna Supplemental Benefits division in Austin, Texas. The product will be offered through brokers in Colorado, Texas and Tennessee.