Tag: Cigna
In brief: AAH asks for exemption, CPAP therapy saves lives, Cigna closes MA sale
March 21, 2025HME News Staff
WASHINGTON – AAHomecare has asked the Trump Administration to exclude home medical equipment and supplies from current and proposed tariffs.
The administration in early March delayed proposed 25% tariff increases on products covered under the 2020 United States-Mexico-Canada Agreement (USMCA) until April. These potential new tariffs would join 20% tariffs on products from China that are already in effect.
Over the last two months, AAHomecare has engaged Capitol Hill on the need to exempt...
Cigna closes on sale of MA business
March 20, 2025HME News Staff
BLOOMFIELD, Conn. – The Cigna Group has completed the sale of its Medicare Advantage, Cigna Supplemental Benefits, Medicare Part D, and CareAllies businesses to Health Care Service Corporation (HCSC). The divestment of these assets streamlines The Cigna Group's portfolio and enables it to drive further innovation to support customers, it says. "We are proud of the positive impact we have made in people's lives and the unique value provided through our Medicare businesses and are...
HCSC buys Cigna’s MA business
February 5, 2024HME News Staff
CHICAGO – HCSC has signed a definitive agreement with the Cigna Group to buy its Medicare Advantage, Medicare Supplemental Benefits, Medicare Part D and CareAllies businesses for $3.3 billion.
HCSC, an independent licensee of the Blue Cross Blue Shield Association, bills itself as the largest customer-owned health insurer, serving more than 22 million people across the United States.
“The acquisition will bring many opportunities to HCSC and its members — including...
In brief: Belluscura makes moves, Numotion launches SpinKids, Cigna pays up
October 6, 2023HME News Staff
LONDON and PLANO, Texas – Belluscura has announced a possible acquisition and has made a change to its executive leadership.
Belluscura has reached an agreement with TMT Acquisitions, a London-based acquisition vehicle in the technology, media and telecommunications sector, on the key terms of a possible share-for-share offer for the company, in a deal that would be valued at EUR 6 million. Belluscura will use the deal, which includes a $100,000 break-up fee, to help grow its portable...
Cigna pays $172M to resolve FCA allegations
October 4, 2023HME News Staff
PHILADELPHIA – Cigna has agreed to pay $172 million to resolve allegations that it violated the civil False Claims Act by submitting and failing to withdraw inaccurate and untruthful diagnosis codes for its Medicare Advantage Plan enrollees to increase its payments from Medicare.
Cigna will pay about $135 million to resolve the allegations, with the remaining $37 million resolving allegations related to unsupported diagnoses for MA beneficiaries arising from Cigna’s home visit...
Cigna updates prior auths list
September 7, 2023HME News Staff
BLOOMFIELD, Conn. – Cigna has removed prior authorization requirements for nearly 25% of medical services. With the removal of these 600-plus codes, the insurer has now removed prior authorization requirements on more than 1,100 medical services since 2020. "Our goal is to help keep patients safe, improve health outcomes, and make care more affordable, and this important step will enable us to do that while removing administrative burdens on the health care system," said David Brailer, MD,...
Pharmacy organizations criticize Tricare decision
December 7, 2022HME News Staff
ALEXANDRIA, Va. – A group of pharmacy organizations, including the National Community Pharmacists Association and the National Home Infusion Association, worry that decisions by Cigna and Express Scripts to eliminate the option for Tricare beneficiaries to obtain prescriptions at their pharmacy of choice will disrupt patient access to needed medications.
In a letter to Amy Bricker, president of Express Scripts, and David Cordani, president and CEO of Cigna, the organizations argued...
Better Health joins Cigna network
November 16, 2022HME News Staff
SAN FRANCISCO – Better Health, a national chronic condition support and medical supply provider, is now in-network for Medicare Advantage customers of Cigna. "We are thrilled that Better Health is now available as an in-network provider for Cigna’s Medicare Advantage members,” said Naama Stauber Breckler, Better Health co-founder and CEO. “Identifying the unique needs of people with chronic conditions who are dependent on medical supplies, we modernized the entire process...
In brief: AAH pulls out all the stops; Cigna, Express Scripts plan merger
March 9, 2018HME News Staff
WASHINGTON - With it “increasingly possible” that a competitive bidding-related interim final rule may never be finalized by the Office of Management and Budget, AAHomecare is stepping on the gas on H.R. 4229.“While this realization is a difficult pill to swallow, it also underscores the importance of our legislative efforts,” wrote Tom Ryan, CEO and president of AAHomecare, in the association's weekly bulletin to members on Wednesday.Those legislative efforts got a boost...
Cigna, Express Scripts plan merger
March 9, 2018HME News Staff
BLOOMFIELD, Conn. - Health insurance giant Cigna Corporation plans to acquire Express Scripts for $67 billion, it announced Thursday.Express Scripts is the largest pharmacy benefits manager in the United States, covering more than 80 million lives, according to news reports.“Cigna's acquisition of Express Scripts brings together two complementary customer-centric services companies, well-positioned to drive greater quality and affordability for customers,” said David M. Cordani, president...