HealthSpring Inc.

(Reuters) - Pharmacy benefit manager Catamaran Corp's first-quarter revenue miss and concerns about the renewal of a major contract sent its shares down as much as 11 percent. Investors were looking for clarity on Catamaran's contract with Medicare...

— Cigna Corp. CEO David M. Cordani had a 68 percent decline in pay last year with compensation totaling $3.97 million, not including $9 million in stock and stock options which have value in the future when the stocks vest and options are exercised,...

Cigna Corp. announced Wednesday it completed its purchase of Medicare Advantage plans from Arcadian and Humana in Arkansas, Oklahoma and Texas. Starting Jan. 1, about 4,500 Medicare Advantage customers who had Humana or Arcadian now have Cigna coverage,...

Cigna Corp. continues to look for growth by acquiring health-care companies in the U.S. and abroad, and the company maintains that India and Turkey are ripe for growth. The Bloomfield-based health insurer has added to its employment base and generated...

Health insurer Cigna Corp.'s quarterly profit more than doubled as its acquisition of Medicare specialist HealthSpring drove growth in premiums and fees, prompting the company to raise its full-year profit outlook for the third time this year. Premium...

Cigna Corp. is planning to cut its workforce by 4 percent — including 200 layoffs in Connecticut — by June 2013, but the health insurer still plans to meet its obligations to grow jobs in exchange for benefits from the state. The Bloomfield-...

UnitedHealth Group's plans to spend $4.9 billion on Brazil's biggest health care company is the insurer's priciest acquisition in years, giving it a huge stake in Latin America as U.S. companies compete for a rapidly growing middle-class market around the...

U.S. health insurers are snapping up rivals as they look to take advantage of a major expansion in the U.S. government's health program. President Barack Obama's healthcare law, which was upheld by the U.S. Supreme Court in June, aims to extend...

Aetna's plans announced Monday to acquire Coventry Health Care Inc. for $5.6 billion could catapult the insurance giant to the front of an industry race to capitalize on Obamacare and the health needs of aging baby boomers. The deal, subject to...

Cigna Corp. reported lower net income due to losses in a discontinued business, though the company had greater revenue, membership and adjusted income from operations, all helped by its acquisition last year of HealthSpring. Cigna reported shareholders'...

Cigna Corp. has an agreement to buy some Medicare Advantage plans in Texas from Humana that cover about 3,500 customers. The deal is expected to close at the end of the year. It will become effective when the new health plans begin Jan. 1, 2013. The deal...

Cigna reported first-quarter earnings below analysts' expectations, though it grew revenue and membership compared with a year before. Net income was $371 million, or $1.28 per share, for the first quarter, compared with $413 million, or $1.51 per share,...