Cigna To Sell Medicare Business For $3.3 Billion To Big Blue Cross Plan

Cigna To Sell Medicare Business For $3.3 Billion To Big Blue Cross Plan

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The Cigna Group is selling its Medicare health benefits businesses and a medical care provider services operation for $3.3 billion to Health Care Service Corp., the parent of five Blue Cross and Blue Shield health insurance plans. Terms of the deal call for Health Care Service to acquire Cigna’s…

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