Last $97.10 USD
Change Today +3.10 / 3.30%
Volume 3.0M
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As of 8:04 PM 10/30/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

900 Cottage Grove Road

Bloomfield, CT 06002

United States

Phone: 860-226-6000

Fax: 860-226-6741

Cigna Corporation, a health services organization, provides insurance and related products and services in the United States and internationally. Segments The company’s segments include Global Health Care, Global Supplemental Benefits, and Group Disability and Life. All products and services sold by these segments are offered by subsidiaries of Cigna Corporation. The company’s Commercial segment encompasses both its U.S. commercial and certain international health care businesses serving employers and their employees, including globally mobile individuals, and other groups. In addition, its U.S. commercial health care business also serves individuals. Through this segment, the company offers its insured and self-insured customers medical, dental, behavioral health, vision, and prescription drug benefit plans, health advocacy programs and other products and services that may be integrated as part of a comprehensive global health care benefit program. The company’s Government segment offers Medicare Advantage, Medicare Part D and Medicaid plans. Principal Products and Services Commercial Medical Health Plans – U.S. and International The Commercial operating segment, either directly or through its partners, offers some or all of its products in all 50 states, the District of Columbia, the U.S. Virgin Islands, Canada, Europe, the Middle East, and Asia. The company offers various medical plans, including the following: Managed Care Plans: The company’s managed care benefit plans (including Open Access Plus and Health Maintenance Organizations (HMO)) encourage the use of ‘in-network’ versus ‘out-of-network’ health care providers and primary care physicians. Preferred Provider Plans: The company’s preferred provider (PPO) product line features a network with broader provider access than the Managed Care Plans. Choice Fund Suite of Consumer-Driven Products: The company’s medical plans are often combined with the Cigna Choice Fund suite of products, including Health Reimbursement Accounts (HRA), Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA) that are designed to encourage customers to understand and manage their health and health benefits. The company offers stop loss insurance coverage for ASO plans that provides reimbursement for claims in excess of a predetermined amount for individuals (specific), the entire group (aggregate), or both. The company also includes stop loss features in its experience-rated group medical insurance policies. Government Health Plans Medicare Advantage The company offers Medicare Advantage plans in 15 states and the District of Columbia through Cigna-HealthSpring. Under a Medicare Advantage plan, Medicare-eligible beneficiaries may receive health care benefits, including prescription drugs, through a managed care health plan such as its coordinated care plans. The company receives revenue from the Centers for Medicare and Medicaid Services (CMS) for each plan customer based on customer demographic data and actual customer health risk factors compared to the broader Medicare population. Medicaid The company offers Medicaid coverage to low income individuals in selected markets in Texas. Medicare Part D The company’s Medicare Part D prescription drug program provides plan options, as well as service and information support to Medicare and Medicaid eligible customers. The company’s plans are available in all 50 states and the District of Columbia. Specialty Products The company’s specialty products and services can be sold on a standalone basis. Its specialty products are focused in the areas of medical, behavioral, pharmacy management, dental and vision. Medical Specialty Cost-Containment Service: The company administers cost-containment programs on behalf of its clients and customers for health care services and supplies that are covered under health benefit plans. These programs involve contracted vendors and are designed to control health costs by reducing out-of-network utilization, including educating customers regarding the availability of lower cost, in-network services, reviewing provider bills, and recovering ov

 

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CI

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Valuation CI Industry Range
Price/Earnings 12.9x
Price/Sales 0.7x
Price/Book 2.3x
Price/Cash Flow 12.3x
TEV/Sales 0.5x
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