CIGNA Reports Fourth Quarter and Full Year 2009 Results

27 February 2010

Shareholders’ net income1 for full year 2009 was $1.3 billion, or $4.73 per share2, compared to $292 million, or $1.05 per share2, for full year 2008. The 2008 result included a loss of $646 million, or $2.32 per share2, related to the Run-off Reinsurance operations. Adjusted income from operations3 for full year 2009 was $3.98 [...]

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CIGNA Responds to Recent Articles About Insurer Profits

27 February 2010

An article published February 11, 2010 entitled, “Health Insurers Take Heat for Rise in Profits” and written by Noam Levey, has the facts wrong. Mr. Levey relied on an inappropriate methodology in characterizing CIGNA’s earnings. His methodology accounts for CIGNA’s non-health care businesses. The improvement in CIGNA’s 2009 earnings was driven primarily by our non-health [...]

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CIGNA Invests $150,000 in Tennessee Electronic Medical Records Initiative

27 February 2010

24 February 2010 Funding To Support an eHealth Network for Improving Health And Reducing Health Costs NASHVILLE, Tenn., February 24, 2010 – CIGNA has contributed $150,000 to the Middle Tennessee eHealth Connect (MTeHC) toward its work to develop a regional health information organization for exchanging electronic medical records to help improve health care quality and [...]

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Cigna on Health Reform

27 February 2010

 What We Stand For CIGNA strongly endorses comprehensive health care reform that expands access, controls costs, and improves the quality of care. ■ Our blueprint for reform will: ■ Guarantee coverage to all if everyone accepts personal responsibility to maintain coverage; ■ Make preexisting conditions a thing of the past; ■ Eliminate gender or [...]

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