Why Cigna Deal With Humana Made Little Sense To Begin With
CICigna(CI) Forbes·2024-11-12 02:19

The Cigna Group headquarters in Bloomfield, Connecticut, US, on Friday, Oct. 27, 2023. Photographer: ... [+] Joe Buglewicz/Bloomberg© 2023 Bloomberg Finance LPThe Cigna Group 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, especially given Cigna’s move to get out of the Medicare business. Cigna is nearing completion of the $3.3 billion sale of its Medicare business to Health Care S ...