Cigna reports $1.3 billion quarterly profit and lifts 2025 forecast
The increase, the company said, was mainly due to “expected higher stop loss medical costs” and the lingering impact of Medicare Advantage operations that Cigna has since divested. The sale of its Medicare businesses to Health Care Service Corporation (HCSC), parent of several Blue Cross and Blue Shield plans, closed in late March. That transaction included Medicare Advantage, Medicare Part D, supplemental benefits and CareAllies, a medical services administration business.
