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Cigna Focusing on Specialty Pharmacy and Commercial Insurance Offerings for Future Growth
With its roots in health insurance and the late 2018 merger with top-tier pharmacy benefit manager Express Scripts (renamed Evernorth), Cigna provides healthcare-related services through customizable programs paid for primarily by US employers and government agencies. We think its strategy of reducing medical cost growth should resonate well with existing and potential clients. Its position as a leading provider of specialty pharmacy offerings, which is one of the fastest-growing areas of healthcare, puts it at the unique position of being able to both control and benefit from the rise of that end market.