GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » The Cigna Group (HAM:CGN) » Definitions » Cash Paid for Insurance Activities

The Cigna Group (HAM:CGN) Cash Paid for Insurance Activities


View and export this data going back to 2002. Start your Free Trial

What is The Cigna Group Cash Paid for Insurance Activities?

Cash Paid for Insurance Activities only applicable to companies reporting Cash Flow from Operations in direct method.


The Cigna Group (HAM:CGN) Business Description

Industry
Address
900 Cottage Grove Road, Bloomfield, CT, USA, 06002
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services, which were greatly expanded by its 2018 merger with Express Scripts, are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense and it recently won a deal with top-tier insurer Centene. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 18 million U.S. medical members covered as of the end of June 2023.