What Companies Does Cigna Own?

Cigna, a leading American multinational managed healthcare and insurance company, has an extensive portfolio of owned businesses and subsidiary companies. These companies operate in various sectors, including healthcare, insurance, pharmacy services, and more.

Some of the notable companies owned by Cigna are:

• Cigna Health and Life Insurance Company: Offers medical, dental, disability, life, and accident insurance products and services primarily to individuals through employers and other groups.
• Express Scripts: A pharmacy benefit management organization that provides integrated pharmacy benefit management services, including network-pharmacy claims processing, home delivery pharmacy care, specialty pharmacy care, and more.
• Cigna Behavioral Health, Inc.: Offers behavioral health services, including employee assistance programs, mental health and substance abuse benefits management, and more.
• Accredo Health Group, Inc.: Specializes in providing specialty pharmacy services and supporting patients with complex and chronic health conditions.

Key Takeaways:

• Cigna owns a diverse portfolio of subsidiary companies in various sectors, including healthcare, insurance, and pharmacy services.
• Notable companies owned by Cigna include Cigna Health and Life Insurance Company, Express Scripts, Cigna Behavioral Health, and Accredo Health Group.
• Cigna offers a wide range of insurance products and services primarily to individuals through employers and other groups.
• Express Scripts provides integrated pharmacy benefit management services, including network-pharmacy claims processing and specialty pharmacy care.
• Cigna Behavioral Health offers behavioral health services such as employee assistance programs and mental health benefits management.
• Accredo Health Group specializes in providing specialty pharmacy services and supporting patients with complex health conditions.

Cigna’s Corporate Structure and History

Cigna is a prominent for-profit American multinational managed healthcare and insurance company. Established in 1982, the company was formed through the merger of Connecticut General Life Insurance Company (CG) and INA Corporation. Headquartered in Bloomfield, Connecticut, Cigna has since grown to become a leader in the industry, offering a comprehensive range of healthcare and insurance products and services.

Cigna’s History

The roots of Cigna can be traced back to the 1792 founding of the Insurance Company of North America (INA). Over the years, INA expanded its operations to include various insurance services, including life, fire, marine, and accident insurance. Similarly, Connecticut General Life Insurance Company (CG) was founded in 1865 and became a well-known provider of life and accident insurance.

In 1982, CG and INA merged to form Cigna, combining their expertise and resources to create a stronger and more diversified company. This merger marked the beginning of Cigna’s journey to becoming a global leader in the healthcare and insurance industry.

Cigna’s Corporate Structure

Cigna operates through various subsidiaries and business units, each specializing in different areas of healthcare and insurance. The company’s insurance subsidiaries offer a wide range of products and services, including medical, dental, disability, life, and accident insurance. These offerings are primarily provided to individuals through employers and other groups.

Throughout its history, Cigna has expanded and evolved its corporate structure to meet the changing needs of its customers. With a focus on innovation and customer-centric solutions, Cigna continues to play a vital role in the healthcare and insurance landscape, ensuring access to quality care and financial protection for millions of individuals and families.

Affiliated Covered Entities (ACE) and Cigna Global Health Benefits

As part of Cigna Corporation, there are several affiliated covered entities (ACE) under the Cigna umbrella. These ACE subsidiaries play a crucial role in delivering quality healthcare services and ensuring compliance with the Health Insurance Portability and Accountability Act (HIPAA).

Affiliated Covered Entities (ACE) Subsidiaries

One of the notable ACE subsidiaries is Cigna Global Health Benefits (CGHB). CGHB offers comprehensive global health plans that cater to the unique healthcare needs of individuals and businesses worldwide. With CGHB, individuals and employers gain access to a vast network of healthcare providers and services across the globe.

Cigna Global Health Benefits (CGHB) Global Health Plans

Cigna Global Health Benefits (CGHB) provides a diverse range of global health plans designed to meet the needs of globally mobile individuals, expatriates, and businesses operating in multiple countries. These plans offer coverage for medical, dental, vision, pharmacy, and wellness services, ensuring that members receive the care they need, regardless of their location.

Through its ACE subsidiaries like CGHB, Cigna continues to expand its global reach and dedication to delivering high-quality healthcare solutions to individuals and businesses around the world.