The rise, the corporate stated, was primarily attributable to “anticipated larger cease loss medical prices” and the lingering impression of Medicare Benefit operations that Cigna has since divested. The sale of its Medicare companies to Well being Care Service Company (HCSC), dad or mum of a number of Blue Cross and Blue Defend plans, closed in late March. That transaction included Medicare Benefit, Medicare Half D, supplemental advantages and CareAllies, a medical providers administration enterprise.
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