An Industry Leader in Health - CIGNA includes a Long History in Insurance

 On Monday, 26 December 2016  

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One of the leaders from the industry of health, CIGNA Healthcare is usually part of the CIGNA Corporation. the idea is usually a for-profit health insurance company operating from the United States as well as internationally. the idea is usually a publicly-traded company under symbol CI. CIGNA Healthcare's headquarters are in Philadelphia, PA as well as CIGNA's corporate headquarters are in Bloomfield, CT. David Cordani is usually the current (2010) chairman as well as CEO.

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CIGNA was formed in 1982 when the Connecticut General Insurance Corporation renamed itself the Connecticut General Corporation (CG) as well as merged with the Insurance Company of North America (INA). In 1984, CIGNA acquired AFIA, an international insurance underwriting association, as well as Dental Health, Inc. in which same year the idea introduced reinsurance for organ transplants. In 1987 CIGNA began offering a managed health- as well as dental-care plan to Allied Signal employees. In 1989 CIGNA formed CIGNA International Financial Services to offer life as well as health insurance outside of the United States.

the idea also acquired MCC Companies, a leading provider of managed mental health care as well as substance-abuse programs. In 1990, CIGNA acquired EQUICOR, the nation's sixth-largest provider of employee benefits. In 1993, CIGNA purchased Tel-Drug, a mail-order pharmaceutical company, as well as merged the idea with its own managed pharmacy-benefit program, RxPRIME. In 1996, CIGNA launched a dental PPO.

In 1997 CIGNA acquires Healthsource, a health care company whose products as well as markets include areas of the United States where HMOs are under-represented. In 2005, CIGNA acquired Choicelinx, a benefits technology as well as services company. In 2006, CIGNA acquired Star HRG, an operating division of HealthMarkets, Inc., as well as a leading provider of voluntary, limited benefit, low-cost health plans as well as some other employee benefits coverage for hourly as well as part-time workers as well as their families. In 2009, CIGNA reported revenue of .4 billion as well as operating income of .3 billion.

CIGNA gets mixed reviews overall. In U.S. News as well as World Report's 2007 annual ranking of US commercial health plans, CIGNA's highest ranking was 18 for its fresh Hampshire offerings as well as its lowest was 198 for California. Also, In California's Office of the Patient Advocate Health Care Quality Report Card, CIGNA scored 2 out of 4 stars in Meeting National Standards of Care as well as 1 out of 4 stars in How Members Rate Their HMO. In 2009, CIGNA received gold from the Gartner & 1to1 Customer Experience Excellence Award. CIGNA also recently received the JD Power award for customer service for all of its call centers for the fourth time in a row.

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