Cigna Credits New Evernorth Segment for Strong 3Q Earnings

Cigna Corp.’s new segment Evernorth, which includes the company’s Express Scripts PBM business, drove strong third-quarter earnings that beat analysts’ expectations.

At the same time, the insurer’s medical loss ratio (MLR) ticked up to 82.6% from a very low 70.5% in the second quarter, as utilization of medical services bounced back from the depressed levels seen early in the COVID-19 pandemic.

0 Comments
© 2025 MMIT
Freelance Reporter

Freelance Reporter Freelance Reporter

Related Posts

supreme-court
October 4

Will Supreme Court Review Preventive Services Coverage Case?

READ MORE
medicare-advantage-sign
October 4

MA Star Ratings Drama: Humana Gets Bad News, UnitedHealth Sues CMS

READ MORE
wall-street-sign
October 4

Unsurprising or Unlikely? Analysts React to Prospect of CVS Breakup

READ MORE

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today