Forbes February 3, 2023
Cigna reported nearly $1.2 billion in fourth quarter net income as it continues to reap profits as both a health insurance company and a diversified provider of healthcare services.
Cigna Friday said net income rose slightly to $1.17 billion, or $3.83 per share, in the fourth quarter ended Dec. 31, 2022 compared to $1.12 billion, or $3.39 per share, in the year-ago quarter. Revenues, meanwhile, were flat at $45.75 billion compared to $45.69 billion in the year-ago period.
Still, Cigna’s profits and customer base from its health insurance business and Evernorth’s healthcare services, which include pharmacy benefit management, continue at a healthy pace.
Cigna’s total customer relationships, which include those in health plans and those who have coverage administered by...
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