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BLOOMFIELD, Conn., March 19, 2025 /PRNewswire/ -- Global health company The Cigna Group (NYSE: CI) today announced the successful completion of the sale of its Medicare Advantage, Cigna Supplemental Benefits, Medicare Part D, and CareAllies businesses to Health Care Service Corporation (HCSC). The divestment of these assets streamlines The Cigna Group's portfolio and enables it to drive further innovation to support customers.As previously announced, proceeds from the sale will be used in alignment with The Cigna Group's capital deployment priorities, with the majority expected to be allocated to share repurchases."We are proud of the positive impact we have made in people's lives and the unique value provided through our Medicare businesses and are confident that HCSC will continue the meaningful work that we have done for these customers. We remain committed to serving Medicare populations through the portfolio of products and services we offer through Evernorth Health Services," said David M. Cordani, Chairman and Chief Executive Officer of The Cigna Group.The Cigna Group will continue to provide pharmacy benefit services and other solutions to the Medicare businesses through its health services company Evernorth Health Services as part of services agreements with HCSC for an agreed period post-closing."This transaction is fully aligned with our mission of expanding access to quality health care by adding capabilities and deepening our geographic presence across the United States," said Maurice Smith, HCSC's CEO, President and Vice Chair. "We recognize that the health and wellness needs for older Americans are growing, and we plan to have an important role in helping seniors live healthier, fuller lives. We are excited to welcome our new Medicare members and the employees who will continue to help them achieve their best health."The transaction is not expected to disrupt coverage or service for customers, clients, providers, or brokers of the Medicare or CareAllies businesses

Brian Evanko named President and Chief Operating Officer, The Cigna GroupAnn Dennison named Executive Vice President and Chief Financial Officer, The Cigna GroupNicole Jones , Chief Administrative Officer and General Counsel, to assume oversight of Enterprise MarketingEric Palmer , President and Chief Executive Officer of Evernorth Health Services, to depart The Cigna GroupReaffirms Full Year 2025 Financial OutlookBLOOMFIELD, Conn., March 13, 2025 /PRNewswire/ -- The Cigna Group (NYSE: CI), a global health company, today announced leadership changes designed to further drive the company's focus on customers and patients and accelerate its growth strategy."These leadership changes create a sharpened structure to build upon our strengths for continued growth, enhance our customer focus, and deliver even greater value for those we serve," said David M. Cordani, Chairman and Chief Executive Officer (CEO), The Cigna Group. "The bedrock of our continued success is our exceptional talent. We have one of the most experienced leadership teams in the industry to ensure that we deliver on the bold commitments we have set for ourselves for growth and to further our impact."Brian Evanko named President and Chief Operating Officer, The Cigna GroupBrian Evanko has been named President and Chief Operating Officer (COO), The Cigna Group, with responsibility for all business lines reporting to Chairman and CEO David Cordani, effective March 31. In January 2024, Evanko was named President and Chief Executive Officer for Cigna Healthcare with oversight of all Cigna Healthcare businesses. Evanko also serves as the company's Chief Financial Officer, a role he has held since 2021