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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...

Blue Cross Blue Shield, Cigna, HCSC, Medicare Advantage, Mergers & Acquisitions (M&A)