Cigna Q4 profit takes hit due to medical costs
Jan 30, 2025 · The Cigna Group saw profits take a hit in the fourth quarter, reaching $1.4 billion, while it struggled with elevated medical costs, officials said during an earnings call today.. Cigna's profits for the year were $3.4 billion, a decrease from the $5.2 billion in profit logged in 2023. …
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Cigna Q4 Profit Takes Hit Due To Medical Costs
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Jan 30, 2025 · The Cigna Group saw profits take a hit in the fourth quarter, reaching $1.4 billion, while it struggled with elevated medical costs, officials said during an earnings call today.. Cigna's profits for the year were $3.4 billion, a decrease from the $5.2 billion in profit logged in 2023. …
healthcarefinancenews.com
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Cigna Quarterly Profit Hit By Higher Medical Costs, Shares Tumble
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Cigna expects the ratio, a closely watched metric which tracks medical costs, to be between 83.2% and 84.2% for 2025. Analysts expect the ratio to be at 81.56% On an adjusted basis, its …
msn.com
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Cigna 2024 Profits Eclipse $3 Billion Despite Rising Costs - Forbes
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Jan 30, 2025 · The Cigna Group Thursday reported more than $3.4 billion in 2024 net income including $1.4 billion in the fourth quarter as the health insurer worked to overcome rising …
forbes.com
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Cigna Plunges As Catastrophic Medical Costs Hurt Profit - Yahoo …
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Jan 30, 2025 · Cigna forecast medical costs higher than analysts were expecting. The company forecast spending 83.2% to 84.2% of 2025 premium revenue on medical costs, compared with …
yahoo.com
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The Cigna Group Reports Fourth Quarter And Full Year 2024 …
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Jan 30, 2025 · The increases for both the fourth quarter and the full year were primarily driven by higher stop loss medical costs. Cigna Healthcare net medical costs payable 8 was $4.86 …
prnewswire.com
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Cigna Q4 Earnings Miss Estimates On Decline In Medical …
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Jan 30, 2025 · The Cigna Group CI reported fourth-quarter 2024 adjusted earnings per share (EPS) of $6.64, which missed the Zacks Consensus Estimate by 15.2%. The bottom line …
yahoo.com
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Cigna Q4 Earnings Miss Estimates On Decline In Medical …
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Jan 30, 2025 · CI's Q4 results reflect a decline in Individual and Family Plans customers. Management expects 2025 adjusted EPS at a minimum of $29.50, which indicates growth of …
zacks.com
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Cigna Posts Q4 Earnings Miss, Hit By Rising Medical Costs - Yahoo …
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Jan 30, 2025 · Cigna (CI) shares declined around 8% as the company missed its fourth quarter earnings expectations due to higher medical expenses, though the company is reportedly …
yahoo.com
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Cigna Posts $3.4 Billion Profit In 2024 - Beckerspayer.com
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Jan 30, 2025 · The insurance side of the business, Cigna Healthcare, reported fourth quarter revenues of nearly $13.3 billion, up 3% from the previous year. Operational income in the …
beckerspayer.com
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Cigna Plunges As Catastrophic Medical Costs Hurt Profit
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Jan 30, 2025 · Cigna’s health benefits division spent 87.9% of premium revenue on medical expenses in the fourth quarter, more than analysts were expecting from that key measure.
bloomberg.com
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Cigna Group Posts $1B In Profit In Q4 Earnings Beat - Fierce …
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Feb 2, 2024 · In addition to reporting its Q4 results, Cigna also set its guidance for 2024 on Friday. The company expects to earn at least $235 billion in revenue and $28.25 in earnings …
fiercehealthcare.com
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Cigna Stock Outlook: Rising Healthcare Costs And Growth Potential
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5 days ago · Cigna's medical care ratio (MCR) rose to 87.9%, up from 82.2% in the year-ago period, meaning they are paying out 87.9% of the health insurance premiums they collect for …
marketbeat.com
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Cigna Q4 Earnings Miss Estimates On Decline In Medical …
2 weeks from now
Jan 30, 2025 · The Cigna Group CI reported fourth-quarter 2024 adjusted earnings per share (EPS) of $6.64, which missed the Zacks Consensus Estimate by 15.2%. The bottom line …
nasdaq.com
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Cigna Q4 Profit Takes Hit Due To Medical Costs - MDiQ
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Jan 30, 2025 · The Cigna Group saw profits take a hit in the fourth quarter, reaching $1.4 billion while struggling with elevated medical costs, officials said during an earnings call today. …
mdiqhealth.com
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Cigna Q4 Profit Takes Hit Due To Medical Costs - NewsBreak
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The Cigna Group saw profits take a hit in the fourth quarter, reaching $1.4 billion, while it struggled with elevated medical costs, officials said during Cigna Q4 profit takes hit due to …
newsbreak.com
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Cigna Q4 Profit Takes Hit Due To Medical Costs – RamaOnHealthcare
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Jan 30, 2025 · Cigna pulled in $1.4 billion in profit in Q4, a decrease that company officials say is due to elevated medical costs.The Cigna Group saw profits take a
ramaonhealthcare.com
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