Report
Jake Strole
EUR 100.00 For Business Accounts Only

Cigna Appears on Track to Meet Long-Term Projections Despite Anthem's Early Contract Termination

Cigna reported fourth-quarter and full-year results that largely met our expectations. The company appears on-track to meet its longer-term post-integration earnings targets despite an earlier-than-expected termination of Anthem's contract with Express Scripts. This transition will now occur throughout 2019 rather than maintaining the relationship through the end of the year. While this will likely create some volatility in the firm's PBM profits over the near term, we expect the integrated firm...
Underlying
Cigna Corp

Cigna is a holding company. The company is a global health services organization. Through its subsidiaries, the company provides a set of medical, dental, disability, life and accident insurance and related products and services. The majority of which are provides through employers and other groups such as governmental and non-governmental organizations, unions and associations. The company also provides commercial health and dental insurance, Medicare and Medicaid products and health, life and accident insurance coverages to individuals in the U.S. and selected international markets. The company's segments include: Global Health Care; Global Supplemental Benefits; Group Disability and Life; and Other Operations.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Jake Strole

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