CIGNA Corporation · Philadelphia, PA United States ·(NYSE: CI)
Company Description
Phone: 215-761-1000
Fax: 215-761-5515
Rankings
- #132 in FORTUNE 500
- S&P 500
View CIGNA Corporation Locations On A US Map
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This link will open in a new window One of the top US health insurers, CIGNA covers nearly 12 million people with its various medical plans, which include PPO, HMO, point-of-service (POS), indemnity, and consumer-directed products. CIGNA also offers specialty health coverage in the form of dental, vision, pharmacy, and behavioral health plans, and it sells group accident, life, and disability insurance. Its customers include employers, government entities, unions, Medicare recipients, and other individuals in the US and Canada. Internationally, the company sells life, accident, and supplemental health insurance in parts of Asia and the European Union, and it provides health coverage to expatriate employees of multinational companies.
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Key CIGNA Corporation Financials
| Company Type | Public - NYSE: CI Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $19,101.0 |
| 2008 Employees | 30,300 |
CIGNA Corporation Executives
82 executives listed for CIGNA Corporation's Philadelphia, PA location.
| Title | Name & Bio | Contact |
| Chairman and CEO | H. Edward Hanway | Network |
| Vice Chairman | Isaiah Harris | Network |
| President and COO | David Cordani | Network |
Competition
Competitive Landscape for CIGNA Corporation
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top CIGNA Corporation Competitors
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