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  3. Healthcare & Pharmaceuticals
  4. Cigna Healthcare
Cigna Healthcare logo
Healthcare & Pharmaceuticals

Who Owns Cigna Healthcare?

Cigna Healthcare is owned by The Cigna Group (NYSE: CI), a publicly traded healthcare company headquartered in Bloomfield, Connecticut. The Cigna Group operates Cigna Healthcare as its primary health insurance division, serving approximately 18.1 million medical customers as of 2025. The parent company reported $247.1 billion in total revenues for 2024. In March 2025, The Cigna Group completed the sale of its Medicare Advantage business to Health Care Service Corporation for approximately $3.3 billion.

Parent Company

The Cigna Group

Founded

1982

Status

Publicly Traded

Headquarters

Bloomfield, Connecticut, USA

mass marketUnited StatesOfficial Website

Who Owns Cigna Healthcare?

  • Parent Company: The Cigna Group
  • Ownership Type: Brand division
  • Company Type: Publicly Traded
  • Stock Ticker: NYSE: CI
BrandParent CompanyOwnership Type
Cigna HealthcareThe Cigna GroupBrand division

Where to Buy

Disclosure: We may earn commission from purchases
AmazonCigna Healthcare on Amazon

History of Cigna Healthcare

  • Founded: 1982
  • Founders: The Cigna Group (internal development)

Cigna Healthcare traces its origins to 1982, when the Connecticut General Life Insurance Company (CG, founded 1865) and the Insurance Company of North America (INA, founded 1792) merged to form Cigna Corporation. The merger created one of the largest insurance organizations in the United States, combining CG's life and health insurance operations with INA's property and casualty business. The name "Cigna" combined elements of both predecessor companies: "CG" and "INA."

Throughout the 1980s, Cigna expanded its health insurance operations through acquisitions and organic growth. The company acquired Equicor in 1989, adding managed care capabilities. During this period, Cigna built its health maintenance organization (HMO) network and began offering preferred provider organization (PPO) plans, responding to the rise of managed care in the American healthcare system.

In the 1990s, Cigna continued to grow its health benefits business. The company acquired Healthsource in 1997 for $1.7 billion, expanding its HMO membership to approximately 5 million. This acquisition strengthened Cigna's position in the employer-sponsored insurance market. By the end of the decade, Cigna had divested its property and casualty insurance operations to focus on health benefits and related services.

The 2000s brought further strategic shifts. In 2004, Cigna acquired Great West Healthcare for $1.2 billion, adding regional health plan membership in Colorado and other western states. The company also began investing in consumer-directed health plans, including health savings account (HSA) compatible products, as employers shifted toward high-deductible health plans.

In 2011, David Cordani became CEO of Cigna. Under his leadership, the company pursued international expansion and diversified its healthcare offerings. Cigna acquired HealthSpring in 2012 for $3.8 billion, entering the Medicare Advantage market. The company also expanded its international health benefits business, serving multinational employers and globally mobile individuals.

The most significant transformation came in 2018, when Cigna acquired Express Scripts, the largest pharmacy benefit manager in the United States, for approximately $52 billion. The deal closed in December 2018 and created a combined company with revenues exceeding $100 billion. Following the acquisition, Cigna reorganized into two primary segments: Evernorth Health Services (pharmacy benefits) and Cigna Healthcare (health insurance). In 2023, the company rebranded its corporate name from Cigna Corporation to The Cigna Group to reflect this diversified structure.

In January 2024, The Cigna Group announced the sale of its Medicare businesses to HCSC. The transaction closed in March 2025, marking a strategic exit from the government-backed Medicare market. The company stated that the divestiture would streamline its portfolio and allow it to focus on commercial health insurance and pharmacy benefit services. The Cigna Group projected 2025 adjusted revenues of at least $252 billion and adjusted income from operations of at least $7.9 billion.

About The Cigna Group

What does The Cigna Group own?
The Cigna Group owns Cigna Healthcare (health insurance products including medical, dental, behavioral health, and vision plans), Express Scripts (pharmacy benefits management), Evernorth Health Services (specialty pharmacy and care coordination), Cigna Dental, Cigna Pharmacy, and Cigna Global Health Benefits. In 2025, the company sold its Medicare Advantage, Medicare Supplemental Benefits, Medicare Part D, and CareAllies businesses to Health Care Service Corporation.

Is The Cigna Group publicly traded?
Yes, The Cigna Group is publicly traded on the New York Stock Exchange under ticker symbol CI. The company has been publicly traded since its formation in 1982 and is a component of the S&P 500 Index, ranked No. 13 on the Fortune 500.

Who founded The Cigna Group?
The Cigna Group was founded in 1982 through the merger of Connecticut General Life Insurance Company (founded 1865 in Hartford, Connecticut) and Insurance Company of North America (founded 1792 in Philadelphia, one of the oldest insurance companies in America). The company was renamed The Cigna Group in February 2023.

Where is The Cigna Group headquartered?
The Cigna Group is headquartered at 900 Cottage Grove Road, Bloomfield, Connecticut 06002, USA. The company operates in more than 30 markets and jurisdictions worldwide.

How many brands does The Cigna Group own?
The Cigna Group's principal brands are Cigna Healthcare, Express Scripts, and Evernorth Health Services. These umbrella brands cover health insurance, pharmacy benefits management, dental insurance, pharmacy services, and international health benefits.

Who owns The Cigna Group?
The Cigna Group is publicly owned with a dispersed shareholder base. Institutional investors hold the majority of shares, with no single controlling shareholder. Major institutional shareholders include Vanguard Group, BlackRock, and State Street Global Advisors, typical of S&P 500 companies.

What is The Cigna Group's revenue?
For FY2025, The Cigna Group reported total revenues of $274.9 billion, up 11% from $247.1 billion in FY2024. Shareholders' net income was $6.0 billion, or $22.18 per share. Adjusted income from operations was $8.0 billion, or $29.84 per share. For 2026, the company projects adjusted revenues of approximately $280 billion.

Has The Cigna Group made major changes recently?
Yes. In March 2025, Cigna completed the sale of its Medicare Advantage and related businesses to HCSC. In October 2025, Express Scripts announced a new rebate-free PBM model. In February 2026, Express Scripts reached a landmark settlement with the FTC over insulin pricing practices. The company also increased its quarterly dividend to $1.56 per share.

  • Founded: 1982
  • Headquarters: Bloomfield, Connecticut, USA
  • Company Type: Publicly Traded
  • Stock: NYSE: CI
  • Revenue: $274.9 billion (FY2025)
  • Employees: Approximately 67,700

Visit The Cigna Group website

View full company profile for The Cigna Group

Where Is Cigna Healthcare Made / Based?

  • Headquarters: Bloomfield, Connecticut, USA

Cigna Healthcare Categories & Tags

Health InsuranceMedical CoverageHealth PlansWellness ServicesCignaAmerican Brand

Awards & Recognition

Cigna Healthcare and The Cigna Group have received recognition from several independent organizations. The National Committee for Quality Assurance (NCQA) has accredited multiple Cigna Healthcare commercial health plans, a standard for health plan quality measurement in the United States.

The Cigna Group has been included on the Ethisphere Institute's list of the World's Most Ethical Companies multiple times, most recently in 2025. This recognition evaluates corporate ethics and compliance programs. The company has also appeared on Fortune's World's Most Admired Companies list in the healthcare sector.

For workplace culture, The Cigna Group has received recognition from the Human Rights Campaign Foundation's Corporate Equality Index, scoring 100% in recent years for LGBTQ+ workplace inclusion. The company has also been recognized by Forbes as one of America's Best Employers for Diversity.

Cigna Healthcare's Medicare Advantage plans previously received 4-star ratings from CMS (Centers for Medicare and Medicaid Services), though these plans were sold to HCSC in March 2025. The brand's commercial plans continue to receive NCQA accreditation, which is the primary independent quality benchmark for health insurance products.

Cigna Healthcare Recalls & Controversies

Cigna Healthcare has faced several regulatory and legal challenges. In 2023, a class-action lawsuit alleged that Cigna used an automated claims review system called PXDX to deny thousands of claims without individual physician review. The lawsuit, filed in California federal court, claimed the system rejected claims in an average of 1.2 seconds each. Cigna stated that PXDX was used to deny claims that did not meet clinical criteria and that physicians reviewed denial decisions. The case is ongoing as of 2025.

In 2024, Cigna Healthcare faced regulatory scrutiny over mental health and substance use disorder treatment denials. Several states investigated whether the company violated mental health parity laws, which require insurers to cover mental health treatment at the same level as physical health treatment. The company settled with some state regulators and agreed to improve claims processing for behavioral health services.

Data privacy has also been an issue. In 2023, Cigna disclosed a data breach affecting approximately 1.5 million customers, caused by a vulnerability in a third-party vendor's systems. The company offered affected customers free credit monitoring and identity theft protection. Regulatory investigations followed, and the company implemented additional vendor security requirements.

Following the Express Scripts acquisition, Cigna Healthcare has faced criticism regarding pharmacy benefit management practices. The Federal Trade Commission has conducted ongoing investigations into the business practices of major pharmacy benefit managers, including Express Scripts, focusing on drug pricing, formulary design, and pharmacy network arrangements. The FTC published an interim staff report in 2024 criticizing PBM practices. The Cigna Group has stated that its pharmacy benefit services reduce drug costs for clients and members.

Brands Owned by The Cigna Group

Cigna DentalHealthcare Pharmaceuticals

Cigna Dental

Owned by The Cigna Group

Dental insurance brand offered by The Cigna Group, providing individual, family, and employer-sponsored dental plans across the United States. Cigna Group reported $71.7 billion in Q2 2026 revenue.

dental-insurancehealth-insurancecigna
Cigna PharmacyHealthcare Pharmaceuticals

Cigna Pharmacy

Owned by The Cigna Group

American pharmacy services brand providing prescription drug coverage, medication management, and pharmacy benefits through The Cigna Group's Evernorth Health Services division.

pharmacy-servicesprescription-drugsmedication-management
Express ScriptsHealthcare Pharmaceuticals

Express Scripts

Owned by The Cigna Group

One of the largest pharmacy benefit managers in the United States, owned by The Cigna Group and operating within its Evernorth Health Services division.

pharmacy-benefitsmail-order-pharmacyprescription-drugs
View all brands owned by The Cigna Group

Cigna Healthcare Ownership: Pros & Cons

Advantages

  • +Integration with Express Scripts provides combined medical and pharmacy benefit management for employer clients
  • +Parent company revenue of $247.1 billion in 2024 provides financial stability and resources
  • +National provider network with over 1 million physicians and facilities
  • +International health benefits business serves a niche market with limited competition
  • +Strong NCQA accreditation across commercial health plans

Considerations

  • -Sale of Medicare Advantage business in March 2025 reduced market share and revenue diversification
  • -Ongoing litigation over automated claims denial system (PXDX) creates reputational risk
  • -FTC scrutiny of Express Scripts' pharmacy benefit management practices may lead to regulatory changes
  • -Mental health parity compliance issues have resulted in state regulatory settlements
  • -Smaller commercial market share than UnitedHealthcare and Elevance Health limits negotiating power with providers

Frequently Asked Questions About Cigna Healthcare

Sources & Further Reading

  • The Cigna Group Investor Relations:
  • The Cigna Group Completes Sale of Medicare Businesses to HCSC (March 2025):
  • The Cigna Group Q4 and Full Year 2024 Results (January 2025):
  • Cigna Sells Medicare Business to HCSC for $3.3 Billion (Reuters, January 2024):
  • NCQA Health Plan Accreditation:
  • Ethisphere World's Most Ethical Companies:
  • Federal Trade Commission PBM Interim Staff Report (2024):
  • Cigna Healthcare Official Website:

Competitors to Cigna Healthcare

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
AetnaAetna
Cvs Health
United States
1853
Mass marketNorth americaAll Genders
UnitedHealthcareUnitedHealthcare
Unitedhealth Group
USA
1977
Mass marketUnited statesAll-ages
WellCareWellCare
Centene
USA
1985
Mass marketUnited statesAll-ages
WellPointWellPoint
Elevance Health
USA
2024
Mass marketUnited statesAll-ages
Cigna DentalCigna DentalSister Brand
Cigna
USA
1982
Mass marketUnited statesAll Genders
Cigna PharmacyCigna PharmacySister Brand
Cigna
USA
2018
Mass marketUnited statesAll Genders

Learn More About Competitors

AetnaHealthcare Pharmaceuticals

Aetna

Owned by CVS Health Corporation

American managed care and health insurance company offering medical, dental, pharmacy, and behavioral health plans, operating as a subsidiary of CVS Health Corporation.

health-insurancemanaged-carehealthcare
UnitedHealthcareHealthcare Pharmaceuticals

UnitedHealthcare

Owned by UnitedHealth Group

UnitedHealth Group's health insurance brand providing coverage for individuals, employers, Medicare, and Medicaid recipients.

health-insurancemedical-coveragehealthcare
WellCareHealthcare Pharmaceuticals

WellCare

Owned by Centene Corporation

Centene Corporation's national Medicare Advantage and prescription drug plan brand, acquired from WellCare Health Plans for $17.3 billion in January 2020.

medicaidmedicare-advantagehealth-insurance
WellPointHealthcare Pharmaceuticals

WellPoint

Owned by Elevance Health Inc.

Elevance Health's government health plan brand for Medicaid, CHIP, and Medicare in states where Anthem Blue Cross Blue Shield does not operate, rebranded from Amerigroup in January 2024.

medicaidmedicare-advantagehealth-insurance
Cigna DentalHealthcare Pharmaceuticals

Cigna Dental

Owned by The Cigna Group

Dental insurance brand offered by The Cigna Group, providing individual, family, and employer-sponsored dental plans across the United States. Cigna Group reported $71.7 billion in Q2 2026 revenue.

dental-insurancehealth-insurancecigna
Cigna PharmacyHealthcare Pharmaceuticals

Cigna Pharmacy

Owned by The Cigna Group

American pharmacy services brand providing prescription drug coverage, medication management, and pharmacy benefits through The Cigna Group's Evernorth Health Services division.

pharmacy-servicesprescription-drugsmedication-management

Competitive Analysis

Market Positioning: Cigna Healthcare competes with 6 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Cigna Healthcare

Looking for brands with different ownership structures? These similar brands are not owned by The Cigna Group, giving you alternative choices that support different corporate structures.

Pharmacy DirectHealthcare Pharmaceuticals

Pharmacy Direct

Owned by Chempro Chemists

Australian online pharmacy operated by Chempro Chemists from Molendinar, Queensland. Offers prescription medications, health products, and wellness items through digital platforms and mail-order delivery.

online-pharmacymail-orderdigital-health
Privately Owned

Pharmacy Direct is privately owned, unlike Cigna Healthcare which is under a publicly traded parent company.

GoodRxHealthcare Pharmaceuticals

GoodRx

Owned by GoodRx Holdings, Inc.

American healthcare technology platform providing prescription drug price comparison, discount coupons, and telehealth services to help consumers find affordable healthcare options.

prescription-savingshealthcare-technologydrug-prices
Publicly Traded

GoodRx operates independently without a large parent corporation.

HerbalifeHealthcare Pharmaceuticals

Herbalife

Owned by Herbalife Ltd.

Global nutrition and weight-management brand owned by Herbalife Ltd. and sold through independent distributors in more than 90 markets.

nutritiondietary-supplementsweight-management
Publicly Traded

Herbalife operates independently without a large parent corporation.

RetavaseHealthcare Pharmaceuticals

Retavase

Owned by EKR Therapeutics, Inc.

Retavase (reteplase) is a prescription thrombolytic medication indicated for acute ST-elevation myocardial infarction. Administered as two 10-unit intravenous bolus injections 30 minutes apart. Currently marketed by Chiesi USA.

pharmaceuticalthrombolyticreteplase
Privately Owned

Retavase is privately owned, unlike Cigna Healthcare which is under a publicly traded parent company.

TirosintHealthcare Pharmaceuticals

Tirosint

Owned by IBSA Institut Biochimique S.A.

IBSA Institut Biochimique SA's branded levothyroxine softgel capsule (Tirosint) and liquid solution (Tirosint-SOL), FDA approved for hypothyroidism, formulated without dyes, gluten, lactose, alcohol, or sugar, providing an excipient-free alternative to conventional levothyroxine tablets for patients with sensitivities or absorption issues.

levothyroxinehypothyroidismthyroid
Privately Owned

Tirosint is privately owned, unlike Cigna Healthcare which is under a publicly traded parent company.

GE HealthCareHealthcare Pharmaceuticals

GE HealthCare

Owned by GE HealthCare Technologies Inc.

Independent publicly traded healthcare technology company spun off from General Electric in January 2023, providing medical imaging, diagnostics, and healthcare IT solutions globally.

healthcare-technologymedical-imagingdiagnostics
Publicly Traded

GE HealthCare operates independently without a large parent corporation.

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Last reviewed: August 1, 2026 · Reviewed by Who Brands Editorial Team