Cigna Healthcare may soon offload its Medicare Advantage business, according to a Nov. 6 report in Reuters. Despite annual MA service area expansions, the insurer is rumored to be exploring a sale, though it did not respond to Reuters’ request for comment. Cigna currently ranks No. 8 in national MA enrollment, serving 591,975 members. Its largest MA markets are Texas, Tennessee, Arizona and Florida.
Source: AIS’s Directory of Health Plans