Archived Cigna financial reports and earnings releases can be accessed on this page. Find the shareholder information you need about Cigna online now. PDF · Form 10K (HTML). CIGNA Corporation does not currently have any hardcopy reports on Click the button below to request a report. Course details for the Cigna 10km Run including course maps, summary, start and finish times, cut off times and prizes.
|Published (Last):||28 May 2004|
|PDF File Size:||7.76 Mb|
|ePub File Size:||5.85 Mb|
|Price:||Free* [*Free Regsitration Required]|
In re Managed Care Litigation. The Health Care segment continues to focus on retaining profitable relationships, expanding on those relationships and growing profitable new business by focusing on:.
Adjusted income from operations for Other Operations declined in compared withreflecting lower results from the COLI business driven by less favorable mortality and lower interest margins.
CIGNA also believes that its strong disability management portfolio and fully integrated programs provide employers and employees tools to improve health status. Please wait while we load the requested K report or click the link below: Results of GMIB business excluding charge on adoption. Any shortfall from expected investment yields could result in increases to recorded reserves and adversely impact results of operations.
The Notes will mature on November 15, The NAIC is considering changing statutory reserving rules for variable annuities. Offering products that meet emerging customer and market trends. Other Products and Services. System development projects are long term in nature, may be more costly than expected to complete and may not deliver the expected benefits upon completion. Demographic shifts have further driven demand for products and services that are sufficiently flexible to meet the evolving needs of employers and employees who want innovative, cost-effective solutions to their insurance needs.
A guaranteed cost pricing methodology reflects assumptions about future claims, expenses, credit risk, enrollment mix, investment returns, and profit margins.
The increase in was primarily due to the issuance of debt in connection with the Great-West Healthcare acquisition. The commercial paper rating scales for those agencies are as follows: Participants in POS plans generally pay a fixed co-payment or co-insurance amount for In-Network covered services.
As of December 31,the field sales force for the products and services of this segment consisted of approximately sales representatives in 27 field 10j. These affinity partners primarily include banks, credit card companies and other financial institutions.
The share repurchase program may Based on its current funded status, the Company does not believe that the litigation ccigna discussed in Note 23 to the Consolidated Financial Statements would have an impact on funding requirements even if resolved in A large number of health care companies and other entities compete in offering similar products. Issuance of common stock.
Cigna Corp (CI) SEC Filing 10-K Annual report for the fiscal year ending Sunday, December 31, 2017
All of these securities had quality ratings of Baa2 or better. This table includes estimated payments for GMIB contracts, pension and other postretirement and postemployment benefit obligations, supplemental and deferred compensation plans, interest rate and foreign currency swap contracts, and certain tax and reinsurance liabilities. These new competitors are focused on delivering employee benefits and services through Internet-enabled technology that allows consumers to take a more active role in the management of their health.
The Company also has certain inactive businesses, including a Run-off Reinsurance segment. Pursuant to the requirements of the Securities Exchange Act ofthis report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
DrugCompare and Medication Library where members can obtain detailed information and comparisons of medications; and.
Cigna 10km – Hawke’s Bay International Marathon
Our capital resources primarily retained earnings and proceeds from the issuance of debt and equity securities provide protection for policyholders, furnish the financial strength to underwrite insurance risks and facilitate continued business growth.
The proceeds of this debt were used for general corporate purposes, including financing the acquisition of Great-West Healthcare. Most group policies are subject to annual review by the policyholder, who may seek competitive quotations prior to renewal. Fully guaranteed products primarily include single premium immediate annuities.
CIGNA Corporation –
The HMO product is offered only on a guaranteed cost basis. Changes in the components of total revenue are described more fully below. Sat, 16 Nov To assist individuals in making informed choices about health care for themselves and their families, Citna HealthCare makes available to its members actionable information about health and advocacy programs as well as about the cost and quality of health care services cifna supplies provided to them.
As equity markets decline, the claim amounts that the Company expects to pay out for the guaranteed minimum income benefit business increases resulting in increased net liabilities and related losses. Forthe rates of interest credited ranged from 2. CIGNA rehabilitates, re-leases, and sells foreclosed properties, a process that usually takes from two to four years unless management considers a near-term sale preferable.
CIGNA has a pension plan that covers a large number of current employees and retirees. Where the credited interest rate exceeds the guaranteed rate, the excess is used to purchase additional insurance or increase cash values. Most of the bonds that are below investment grade are rated at the higher end of the non-investment grade spectrum.
Principal Products and Markets. Indicate by check mark whether the registrant 1 has filed all reports required to be filed by Section 13 or 15 d of the Securities Exchange Act of during the preceding 12 months or for such shorter period that the civna was required cifna file such reportsand 2 has been subject to such filing requirements for the past 90 days. The GMIB liabilities and related assets are calculated using a complex internal model and assumptions from the viewpoint of a hypothetical market participant.
Cigna Quarterly Reports and SEC Filings
Guaranteed Minimum Death Benefit Contracts. For liabilities with longer-term pay-out periods such as long-term disability, reserves represent the present value of future expected payments. Under ASO funding arrangements, the employer or other plan sponsor self-funds, or assumes the risk for, all of its claims and assumes the risk for claim costs incurred. Others that CIGNA does not know about now, or that the Company does not now think are significant, may impair its business or the trading price of its securities.
Sat, 18 Cihna All officers are elected to serve for a one-year term 100k until their successors are elected.
Notes to the Financial Statements. The Health Care segment expects to grow its presence in these market segments by leveraging its customer knowledge, differentiated service model, product portfolio and distribution model.
Industry and Strategic Overview. Course summary Flat course, easy running. The self-insured plan sponsor is responsible for self funding all claims.