Company
Cigna Corporation
Headquarters: Bloomfield, CT, United States
Founded: 1982
Employees: 72,226
CEO: Mr. David Michael Cordani
Market Cap
$90.65 Billion
USD as of July 1, 2024
Cigna Corporation Categories
United States Healthcare Healthcare PlansUnited States Healthcare United States Healthcare Plans
Company Description
Cigna Corporation is a managed healthcare and insurance company. With its Cigna Global Health Benefits subsidiary, it provides medical, dental, disability, life and accident insurance, and related products and services primarily through employers’ subscriptions. Cigna also offers a full-service health maintenance organization, with clinics in the region of Phoenix, Arizona, through its Cigna Medical Group subsidiary.
Top Competitors by Market Capitalization
Industry: Healthcare Plans
| Company | Market Cap (USD) |
|---|---|
| UnitedHealth Group | $450.89 B |
| Elevance Health | $123.25 B |
| CVS Health | $71.08 B |
| Humana Inc. | $43.72 B |
| Centene Corporation | $35.42 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Lilly | $808.65 B |
| Novo Nordisk | $622.07 B |
| UnitedHealth Group | $450.89 B |
| Johnson & Johnson | $350.63 B |
| Merck | $318.75 B |
Detailed Description
Cigna Corporation provides insurance and related products and services in the United States. Its Evernorth segment provides a range of coordinated and point solution health services, including pharmacy, benefits management, care delivery and management, and intelligence solutions to health plans, employers, government organizations, and health care providers. The company's Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, vision, health advocacy programs, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans to on and off the public exchanges; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations. The company also offers permanent insurance contracts sold to corporations to provide coverage on the lives of certain employees for financing employer-paid future benefit obligations. It distributes its products and services through insurance brokers and consultants; directly to employers, unions and other groups, or individuals; and private and public exchanges. The company was founded in 1792 and is headquartered in Bloomfield, Connecticut.
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Stocks & Indices
Cigna Corporation has the following listings and related stock indices.
Stock: NYSE: CI wb_incandescent
Stock: FSX: CGN wb_incandescent
Stock: BMV: CI wb_incandescent
Stock: Bovespa: C1IC34 wb_incandescent
Stock: XETR: CGN wb_incandescent
Product & Services
Health, Group, Disability, Life and Accident Insurance, Disability and Workers' Compensation Case Management
Key People
Isaiah Harris Jr. (Chairman) David Cordani (President and CEO)
Financials
Revenue: US$174.1 billion (2021)
Operating income: US$7 billion (2021)
Net income: US$5.4 billion (2021)
Total assets: US$155.451 billion (2020)
Total equity: US$50.328 billion (2020)