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-7.09081562106036E-05 0.000505220613000954 0.00264097427806644 0.000815443796422748 0.00195635602985238 0.00127315594476259 -0.00154225239758204 -0.00515856836432605
Stock impact report

Why Cigna Deal With Humana Made Little Sense To Begin With [Forbes]

Humana Inc. (HUM) 
Last humana inc. earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: humana.gcs-web.com
Company Research Source: Forbes
© 2023 Bloomberg Finance LP The Cigna Group confirmed “it is not pursuing a combination with Humana.” Despite speculation in certain media outlets, including the Wall Street Journal, such a deal really made little sense, especially given Cigna's move to get out of the Medicare business. Cigna is nearing completion of the $3.3 billion sale of its Medicare business to Health Care Service Corp. by early 2025. Humana operates one of the nation's largest Medicare operations, selling an array of products for seniors including Part D drug plans and Medicare Advantage plans that contract with the federal government to provide traditional coverage available in traditional Medicare plus extra benefits and services to seniors, such as disease management and nurse help hotlines with some also offering vision, dental care and wellness programs. While Humana and other health insurers including CVS Health and UnitedHealth Group are grappling with higher medical expenses from seniors enrolle Show less Read more
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