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Cigna - Wikipedia, the free encyclopedia

Cigna

From Wikipedia, the free encyclopedia

CIGNA Corporation
Type Public (NYSECI)
Founded CG and INA merger in 1982
Headquarters Philadelphia, Pennsylvania, USA
Key people H. Edward Hanway, Chairman & CEO
Industry Health Care Plans
Products [Health plans[Group Insurance
Revenue $17.6 billion USD (2007)
Operating income $1.1 billion USD (2007)
Website www.CIGNA.com

CIGNA Corporation (NYSECI) is a Philadelphia-based health service company. The Philadelphia headquarters are located in Two Liberty Place.

CIGNA can trace its roots back to 1792, and the founding of the Insurance Company of North America (INA), the country's first marine insurer. Its first life insurance policy was issued two years later. In 1865, the Connecticut General Life Insurance Company (CG) was formed in Hartford, Connecticut. Nearly 120 years later, in 1982, CG and INA merged to form CIGNA. In 1993 CIGNA introduced its Tree of Life brand identity. In 1998, CIGNA sold its individual life insurance business to Lincoln National Corporation, and the next year it sold its property and casualty insurance business to ACE Limited. In 2000, it sold its reinsurance business to Swiss Re. In 2004, it sold its pension business to Prudential Financial. CIGNA's business segments include CIGNA Healthcare, CIGNA Group Life & Disability, and CIGNA International, all core businesses designed to help customers improve their health, well-being and security. Ed Hanway is the CEO of CIGNA and Mike Bell, the CFO. David Cordani leads the Healthcare segment as President.


Contents

[edit] Quality of Care

In California's Office of the Patient Advocate Health Care Quality Report Card, CIGNA scored 2 out of 4 stars in both Meeting National Standards of Care and Members Rate Their HMO

In U.S. News and World Report's 2007 annual ranking of US commercial health plans, CIGNA's hightest and lowest rankings are as follows, out of 250 rated plans[1]:

  • 18. New Hampshire
  • 198. California


[edit] Competitors

[edit] References

  1. ^ Best Health Plans 2007. Retrieved on 2008-05-19.

[edit] External links

[edit] Data


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