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FTC Says CVS, Cigna and UnitedHealth Abuse Middleman Role
Jan 14 2025 // Units of CVS Health Corp., Cigna Group and UnitedHealth Group Inc. charged significantly more than the national average acquisition cost for dozens of specialty generic drugs, bringing in more than $7.3 billion in excess...
Cigna Sues Federal Trade Commission Over ‘Defamatory’ Report
Sep 17 2024 // Cigna Group’s Express Scripts sued the US Federal Trade Commission over a recent report that the company said demonizes pharmacy benefit managers and asked the court to order the agency to retract it.The lawsuit...
Cigna Announces Settlement With US on Claims it Overcharged Medicare Advantage
Oct 2 2023 // Health insurer Cigna Group says it has reached a settlement with the United States over claims it overcharged the government’s Medicare Advantage program by making it appear patients were more ill than they actually...
Cigna Health Giant Accused of Improper Violation of California Law
Jul 27 2023 // A federal lawsuit alleges that health insurance giant Cigna used a computer algorithm to automatically reject hundreds of thousands of patient claims without examining them individually as required by California law.The...
Chubb to Buy Some of Cigna’s Asia-Pacific Businesses for $5.8 Billion
Oct 8 2021 // U.S. insurer Chubb Ltd has agreed to buy health insurer Cigna Corp’s life, accident, and supplemental benefits businesses in Asia Pacific and Turkey for $5.75 billion in cash, both insurers said, marking the latest...
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