Who Owns Cigna Healthcare?
Cigna Healthcare is owned by The Cigna Group, a publicly traded American healthcare company listed on the NYSE (CI). The Cigna Group operates Cigna Healthcare as their primary health insurance brand for medical coverage and health plans.
Parent Company
The Cigna Group
Founded
1982
Status
Publicly Traded
Headquarters
Bloomfield, Connecticut, USA
Who Owns Cigna Healthcare?
- Parent Company: The Cigna Group
- Ownership Type: Brand division
- Company Type: Publicly Traded
- Stock Ticker: NYSE: CI
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Cigna Healthcare | The Cigna Group | Brand division |
History of Cigna Healthcare
- Founded: 1982
- Founders: The Cigna Group (internal development)
Cigna Healthcare was established in 1982 when The Cigna Group was formed through the merger of Connecticut General Life Insurance Company and Insurance Company of North America. The brand was created to serve as the company's primary health insurance offering. This founding vision demonstrated exceptional insight into the growing demand for comprehensive health coverage while establishing a distinctive healthcare approach that would define health insurance for generations.
Throughout the 1980s and 1990s, Cigna Healthcare expanded its health insurance products and services, developing comprehensive medical coverage plans for individuals, families, and employer groups. The brand built on the combined heritage and expertise of its predecessor companies. This period of expansion demonstrated Cigna Healthcare's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards that would define the brand for decades.
In the 2000s and 2010s, Cigna Healthcare evolved its offerings to include more consumer-directed health plans, wellness programs, and digital health services. The brand expanded its focus on preventive care and health management programs. This strategic evolution demonstrated Cigna Healthcare's exceptional ability to adapt to changing healthcare needs and consumer preferences while maintaining its core commitment to comprehensive medical coverage and preventive care.
Following Cigna's acquisition of Express Scripts in 2018, Cigna Healthcare has integrated pharmacy benefits with medical coverage, offering more coordinated healthcare solutions. This strategic acquisition demonstrated Cigna Healthcare's exceptional ability to create integrated healthcare solutions while expanding its service capabilities and market reach. The brand continues to innovate in health insurance delivery and customer experience, adapting to changing technological advancements and consumer expectations while maintaining its core brand values and commitment to accessible, quality healthcare services.
About The Cigna Group
The Cigna Group operates through several key business segments focused on healthcare services and insurance. The company's core offerings include health insurance, pharmacy benefits management, and other health-related products and services.
The company provides medical, dental, disability, life, and accident insurance products primarily through employers and other groups, including governmental organizations, unions, and associations. Cigna's pharmacy benefits management services are delivered through Express Scripts, which manages prescription drug benefits for millions of Americans.
Cigna also offers international health insurance products and services through its global operations, serving customers in over 30 countries. The company has expanded into digital health services and telemedicine to enhance access to healthcare for its customers.
The Cigna Group employs approximately 74,000 people worldwide and generates annual revenues exceeding $180 billion. The company serves millions of customers globally, making it one of the largest healthcare insurance companies in the world.
- Founded: 1982
- Headquarters: Bloomfield, Connecticut, USA
- Company Type: Publicly Traded
- Stock: NYSE: CI
Where Is Cigna Healthcare Made / Based?
- Headquarters: Bloomfield, Connecticut, USA
- Manufacturing / Operations: United States, International markets
Brands Owned by The Cigna Group
- Cigna Dental - American dental insurance brand providing dental coverage plans, preventive care...
- Cigna Pharmacy - American pharmacy services brand providing prescription drug coverage, medicatio...
- Express Scripts - One of the largest pharmacy benefits managers in the United States, owned by The...
Cigna Healthcare Ownership: Pros & Cons
Advantages
- +Strong market position in health insurance and managed care
- +Integration with pharmacy benefits management through Express Scripts
- +Comprehensive health plan offerings for various customer segments
- +Focus on wellness programs and preventive care initiatives
- +Global presence providing international health insurance options
Considerations
- -Regulatory complexity in health insurance markets across multiple states
- -Competition from other major health insurance companies
- -Pressure on healthcare costs and pricing transparency
- -Need to balance coverage affordability with comprehensive benefits
- -Evolving healthcare regulations affecting insurance operations
Frequently Asked Questions About Cigna Healthcare
Where to Buy
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Cigna Healthcare on AmazonCompetitors 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.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Cvs Health | USA | 2000 | Mass Market | North America | All Genders |
Learn More About Competitors
Competitive Analysis
Market Positioning: Cigna Healthcare competes with 1 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.
The Cigna Group Stock Information
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