Becker's Healthcare January 30, 2025
Rylee Wilson

The sale of Cigna’s Medicare Advantage business to Health Care Service Corp. has been approved by all federal regulators, according to The Cigna Group CFO Brian Evanko.

Mr. Evanko, who is also CEO of Cigna Healthcare, told investors on a Jan. 30 call the deal still needs to be approved by one more state regulator.

Cigna announced plans to divest its Medicare Advantage business to Health Care Service Corp., which operates Blue Cross Blue Shield affiliates in Texas, Illinois,...

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