Cigna's persistent cost pressures cloud upbeat second quarter | Business Information & News | Westlaw

Cigna's persistent cost pressures cloud upbeat second quarter | Business Information & News | Westlaw

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8/3/23 REUTERS 10:05:05
REUTERS
Copyright (c) 2023 Thomson Reuters
August 3, 2023
Cigna's persistent cost pressures cloud upbeat second quarter
Bhanvi Satija
Vinay Dwivedi
Bhanvi Satija; Bengaluru
(Reuters) - Cigna Group's better-than-expected second-quarter profit failed to allay investor fears about persistently high costs, sending the health insurer's shares down over 4% on Thursday.
Cigna is investing in its Evernorth unit, which houses its...
---- Index References ----
Company: THE CIGNA GROUP; CENTENE CORPORATION; CVS HEALTH CORPORATION
News Subject: (Business Management (1BU42); Corporate Events (1CR05); Corporate Financial Data (1XO59); Major Corporations (1MA93))
Industry: (Financial Services (1FI37); Healthcare (1HE06); Healthcare Services (1HE13); Insurance (1IN97); Pharmacy (1PH23); Pharmacy Benefits Management (1PH11))
Language: EN
Other Indexing: (Refinitiv; CIGNA-GROUP; Centene Corp; CVS Health Corp)
Keywords: insurance; health
Word Count: 304
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