In order to drive down costs for consumers plagued with chronic diseases, it's imperative to provide them with access to both health insurance coverage and healthy behaviors. The sentiments come from panelists at a forum sponsored in Houston, Texas last week by USA TODAY and Cigna. The experts also stressed that given the aging population, the need for cost-control measurements is an an all-time high.
Anthem and Cigna "seem to be making progress toward a deal" following the news of Aetna's planned acquisition of fellow health insurer Humana, CNBC 's David Farber reports.
The CEOs of the Big Five for-profit health insurance companies all took home at least $10 million in 2014, according to each insurers' annual filings with the Securities and Exchange Commission.
As another batch of insurers have released their third quarter earnings, most signs continue to indicate that business is growing for the industry as a whole.
With roughly 1.3 billion people and a growing middle class, China is on the brink of a burgeoning healthcare market. And Cigna is making inroads to secure a large share of the business.
In the wake of the Boston Marathon bombings on Monday that left three people dead and more than 100 people injured, two big insurers quickly reached out to the terrorized community to offer support and services.
Cigna's earnings soared 49 percent in the fourth quarter of 2012, thanks to its acquisition of Medicare provider HealthSpring and a focus on its self-insured business.
Cigna reported Thursday that its second quarter earnings fell 3 percent, but its revenue and membership continue to grow as a result of acquiring Medicare business HealthSpring last year.