Here are five notes on Cigna’s projected expansions from the presentation:
1. Cigna wants to reach 50 percent of Americans who are eligible for Medicare by 2025.
2. The insurer said 150,000 of its commercial members turn 65 each year.
3. For its individual and family plans, Cigna expects to double membership to 500,000 by 2025, and double its market to 20 states in the same time frame.
4. Cigna’s overall U.S. addressable market will more than double to $2.2 trillion by 2025, the insurer said.
5. Cigna also projects it will double its ACA member base and the number of states where marketplace plans are offered by 2025.
More articles on payers:
UnitedHealthcare’s $100M lawsuit against medical labs moves forward
Highmark becomes 4th largest Blue plan with HealthNow deal
Oscar Health shares start trading today: 3 things to know
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
