) is reportedly considering selling its Medicare Advantage business in a move that would reverse its prior expansion into the sector.
The publication, citing sources, states the business could fetch several billions of dollars in a potential divestment.
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Exclusive-Cigna explores shedding Medicare Advantage business -sourcesExclusive-Cigna explores shedding Medicare Advantage business -sources
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Exclusive: Cigna explores shedding Medicare Advantage business -sourcesU.S. health insurer Cigna Group (CI.N) is exploring the sale of its Medicare Advantage business, which provides additional benefits to those covered by federal health insurance, a move that would mark a reversal of its expansion in the sector, according to people familiar with the matter.
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Jayapal Laments Biden's Cave to Insurance Industry on Medicare Advantage'The administration must refuse to be bullied by health insurers, and instead must side with patients when deciding future policies,' said Rep. Pramila Jayapal.
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