UNH - Cigna's Medicare Business Sale: Health Care Service Could Scoop The Business | Benzinga
Cigna Group (NYSE: CI) is reportedly in advanced negotiations to divest its Medicare Advantage division and is presently in discussions to sell it to Health Care Service Corp Inc (NASDAQ: HCSG) for around $3 billion-$4 billion.
This potential agreement signifies a substantial stride for HCSC, a nonprofit health insurer recognized as the parent company of Blue Cross Blue Shield plans in multiple states, the Wall Street Journal reported.
The deal would significantly ...