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    Mikaela Shiffrin Jokes About Going Through With ‘A Really Bad Idea’ In Beijing

    Mikaela Shiffrin Jokes About Going Through With ‘A Really Bad Idea’ In Beijing

    Billionaire developer rounds out the field in crowded race for mayor of Los Angeles

    Billionaire developer rounds out the field in crowded race for mayor of Los Angeles

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    Russia-Ukraine crisis: Western Propaganda Failed, Says Moscow; UK Hits Back

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    Disney is the illuminati, baby! Epstein associate gives money to QAnon GOP

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    Ukraine Teens Dig Trenches Facing Russia Threat

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    By turning guns into garden tools, a Colorado nonprofit effects change “a little bit by a little bit”

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    George Conway: Accounting Firm’s Move Is Worse For Trump Than Being Impeached Twice

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    Goldman Sachs raised COO pay by 78% in 2021

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    After key Russian bond payment, attention turns to next due dates

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    Telenor says sale of Myanmar unit gets final approval from junta

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    Uber claiming it’ll accept Bitcoin is nothing but a marketing ploy

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    Android 13: Everything we know about the upcoming OS

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    Biden discusses proposed tax on ultra-rich and defense spending in 2023 budget

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    Former Chargers, Ohio State offensive tackle Shane Olivea dies at age 40

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    RHONJ Fiancé Luis Ruelas’ Company Files $1 Mil Bankruptcy

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  • World
    Mikaela Shiffrin Jokes About Going Through With ‘A Really Bad Idea’ In Beijing

    Mikaela Shiffrin Jokes About Going Through With ‘A Really Bad Idea’ In Beijing

    Billionaire developer rounds out the field in crowded race for mayor of Los Angeles

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    Russia-Ukraine crisis: Western Propaganda Failed, Says Moscow; UK Hits Back

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    Goldman Sachs raised COO pay by 78% in 2021

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    Uber claiming it’ll accept Bitcoin is nothing but a marketing ploy

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Cigna Profits Hit $1.2 Billion On New Health Plan Customers And Evernorth Growth

May 6, 2022
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Cigna Profits Hit $1.2 Billion On New Health Plan Customers And Evernorth Growth
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Cigna reported $1.2 billion in first quarter 2022 earnings as CEO David Cordani’s diversified … [+] healthcare technique pays off, in keeping with the corporate’s Might 5. 2022 earnings report. On this image, Cordani, speaks in the course of the Bloomberg Make investments Summit in New York, U.S., on Wednesday, Might 16, 2018. {Photograph}: Victor J. Blue/Bloomberg


© 2018 Bloomberg Finance LP

Cigna reported nearly $1.2 billion in quarterly earnings due to rising business well being plan enrollment and continued development of the corporate’s Evernorth well being companies enterprise.

Evernorth, which incorporates the pharmacy profit administration firm Cigna purchased with its 2018 acquisition of Categorical Scripts, helped enhance the corporate’s whole income within the first quarter by greater than 7% to $44 billion in comparison with $40.9 billion within the year-ago interval, the company said Friday in its earnings report. In the meantime, Cigna’s internet revenue was $1.18 billion, or $3.68 per share, in contrast with $1.16 billion, or $3.30 per share, for first quarter 2021.

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Cigna’s diversified portfolio, which incorporates business and authorities strains of medical insurance in addition to healthcare companies together with the pharmacy profit administration firm below the Evernorth umbrella, are serving to to develop the corporate as was the intention when the well being insurer purchased Categorical Scripts.

“We’ve had a powerful begin to the 12 months as we advance our development technique and assist the well being and well-being of our shoppers and prospects,” Cigna chairman and chief govt David Cordani said in a statement accompanying the earnings report. “We’re taking decisive steps ahead with innovation, new partnerships and re-investing in our firm so we will obtain better impression for the purchasers and communities we’re privileged to serve.”

Cigna’s earnings and rising buyer base contributed to the corporate’s determination to lift its monetary outlook for the remainder of 2022.

Complete medical prospects in Cigna’s well being plans grew to almost 17.8 million, a rise of 698,000 12 months so far pushed by a leap in commercially insured prospects. In the meantime, Cigna mentioned whole pharmacy prospects grew 6% to 107.4 million in comparison with 101 million within the year-ago quarter, pushed by robust retention of enterprise in addition to new gross sales, the corporate mentioned.

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