Forbes November 11, 2024
The Cigna Group Monday confirmed “it is not pursuing a combination with Humana.”
Despite speculation in certain media outlets, including the Wall Street Journal, such a deal really made little sense to begin with, especially given Cigna’s move to get out of the Medicare business. Cigna is nearing the completion of the sale of its Medicare business to Health Care Service Corp. by early 2025.
Humana operates one of the nation’s largest Medicare operations, selling an array of products for seniors including Part D drug plans and Medicare Advantage plans that contract with the federal government to provide coverage available in traditional Medicare plus extra benefits and services to seniors, such as disease management and nurse help hotlines with some...
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