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cigna corp (CGN) Details

Cigna Corporation, a health services organization, provides insurance and related products and services in the United States and internationally. The company's Commercial segment offers insured and self-insured customers medical, dental, behavioral health, and vision, as well as prescription drug benefit plans, health advocacy programs, and other products and services. Its Government segment offers Medicare Advantage plans to seniors in 15 states and the District of Columbia, Medicare Part D plans in all 50 states and the District of Columbia, and Medicaid plans. The company's Group Disability and Life segment provides group long-term and short-term disability insurance, group life insurance, and accident and specialty insurance. Its Global Supplemental Benefits segment offers supplemental health, life, and accident insurance products, as well as individual Medicare supplement plans that provide retirees with federally standardized Medigap-style plans. The company's Run-off Reinsurance segment reinsures guaranteed minimum death benefits and guaranteed minimum income benefits plans. Its Other Operations segment provides corporate-owned life insurance that are permanent insurance contracts sold to corporations to offer life coverage for certain employees; and operates the run-off settlement annuity business. The company distributes its products and services through insurance brokers and insurance consultants or directly to employers, unions, and other groups, as well as through the direct response television and the Internet. Cigna Corporation was founded in 1792 and is headquartered in Bloomfield, Connecticut.

36,500 Employees
Last Reported Date: 02/27/14
Founded in 1792

cigna corp (CGN) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.0M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $504.5K
President of Regional and Operations
Total Annual Compensation: $583.4K
President of Cigna-Healthspring
Total Annual Compensation: $3.0M
Executive Vice President and General Counsel
Total Annual Compensation: $545.1K
Compensation as of Fiscal Year 2013.

cigna corp (CGN) Key Developments

Cigna Corporation Unveils Cigna Collaborative Care

Cigna Corporation has developed a new suite of initiatives called Cigna Collaborative Care that builds on the company's Collaborative Accountable Care (CAC) arrangements with physician groups and integrated delivery systems. Cigna Collaborative Care expands value-based initiatives to include small physician groups, specialist groups, and hospitals, in addition to large physician groups. Cigna Collaborative Care enables the company to engage health care professionals and customers in ways that are meaningful to them, which will help drive better health, affordability, and experience. Cigna Collaborative Care is the company's approach to accomplishing the same population health goals as accountable care organizations (ACOs). It is based on rewarding health care professionals for value rather than volume, and benefits customers and employers by promoting higher quality of care and lower total medical costs. To that end, Cigna has expanded Cigna Collaborative Care to include health care professionals wherever they are in the health care delivery system. In addition to large physician practices, the incentive-based Cigna Collaborative Care includes: small physician groups; hospital; and specialist groups. Small physician groups includes small private practices and unorganized physician groups. These arrangements represent an opportunity to help the 40% of Cigna customers with high-cost conditions and complex needs that are treated by small physician groups. Cigna has established arrangements on a pilot basis with small physician groups in select markets. Hospital arrangements are designed to promote quality, efficiency and safety for customers seeking hospital care. Cigna launched orthopedic and maternity-focused arrangements in 2013, with continued development in 2014.

Hartford HealthCare's Integrated Care Partners and Cigna Start Collaborative Care Program to Improve Health and Lower Costs

Cigna Corp. and Integrated Care Partners, Hartford HealthCare's physician-led clinical integration organization that will play a critical role in improving how patient care is delivered, have launched a collaborative care initiative to improve patient access to health care; enhance care coordination; and better achieve the goal of improved health, affordability and patient experience. The program became effective April 1, and is Cigna's seventh collaborative care initiative in Connecticut. Cigna Collaborative Care is Cigna's approach to accomplishing the same population health goals as accountable care organizations, or ACOs. The program will benefit nearly 16,000 individuals covered by a Cigna health plan who receive care from more than 1,200 Integrated Care Partners primary care doctors and specialists. Under the program, Integrated Care Partners will monitor and coordinate all aspects of an individual's medical care. Patients will continue to go to their current physician and automatically receive the benefits of the program. Individuals who are enrolled in a Cigna health plan and later choose to seek care from an Integrated Care Partners doctor will also have access to the benefits of the program. There are no changes in any plan requirements regarding referrals to specialists. Patients most likely to see the immediate benefits of the program are those who need help managing chronic conditions, such as diabetes, heart disease and obesity. Critical to the program's benefits are the registered nurse clinical care coordinators, employed by Hartford HealthCare, who will help patients with chronic conditions or other health challenges navigate the health care system. The care coordinators are aligned with a team of Cigna case managers to ensure a high degree of collaboration between the medical group and Cigna, which will ultimately provide a better experience for the individual.

Cigna Corp. Presents at 9th Asia Conference on Healthcare and Health Insurance, Mar-24-2014 11:00 AM

Cigna Corp. Presents at 9th Asia Conference on Healthcare and Health Insurance, Mar-24-2014 11:00 AM. Venue: Singapore, Singapore. Speakers: Andrew Murray, SVP: Strategy and Business Development, Middle East & Asia Pacific.


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