Q&A with Cigna CEO David Cordani on Express Scripts transaction, ACA exchanges

Cigna CEO David Cordani doesn’t view his company as merely a health insurer. The Bloomfield, Conn.-based company, he said, is in the business of delivering “health services.” A prime example: collaborating with physicians around some 500 accountable care organizations and patient-centered medical homes. Cigna’s proposed $54 billion acquisition of pharmacy benefit manager Express Scripts falls right in line with that philosophy, he said, arguing that the combined entity will be able to deliver on the promise of better care coordination and lower costs. Federal regulators are reviewing the deal. Cordani spoke with the Modern Healthcare editorial team. The following is an edited transcript.

Modern Healthcare: You point to the Express Scripts acquisition as a wayto drive down prices, but...