Cigna said its medical loss ratio was 87.9% in Q4 2024, compared to 82.2% in the prior-year quarter. For the full-year 2024, MLR was 83.2%, which was still higher compared to the 81.3% its insurance ...
Shares of Cigna Group slid after the health insurer warned that higher health-care costs in one insurance unit weighed on profitability. Insurers saw profit margins soar in the pandemic as insurees ...
Wall Street experienced varied outcomes with indexes rising due to gains in Meta and Tesla, despite setbacks for Microsoft and Cigna. Meta rose after surpassing revenue estimates, while Tesla remains ...