Becker's Healthcare November 6, 2023
Rylee Wilson

The Cigna Group is exploring a potential sale of its Medicare Advantage business, Reuters exclusively reported Nov. 6.

Sources familiar with the matter told Reuters Cigna is working with an investment bank on a potential sale, which could be worth billions of dollars. The anonymous sources told Reuters the potential sale is in its early stages, and Cigna may decide to keep its MA business.

According to the Cigna Group’s third-quarter earnings report, the company had...

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Topics: Insurance, Medicare Advantage, Mergers & Acquisitions / JV, Payer, Trends
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