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HCSC approved to purchase Cigna’s Medicare business in Florida
Becker's Healthcare September 16, 2024
Florida’s insurance commissioner has given the green light for Health Care Service Corp. to purchase Cigna’s Medicare business in the state.
On Sept. 11, Insurance Commissioner Michael Yaworsky signed a consent order approving the indirect acquisition of Cigna’s HealthSpring of Florida by HCSC, the parent company of five Blue Cross Blue Shield plans.
The Cigna Group reached a deal in January to sell its Medicare business to HCSC for $3.3...
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