Cigna

Cigna: Obamacare Works Better With Tailored Network of Doctors

Cigna: Obamacare Works Better With Tailored Network of Doctors

Cigna CEO David Cordani told attendees of the J.P. Morgan Healthcare Conference that his company found Obamcare policies to make more financial sense for the company when the customers are seen within a coordinated group of physicians and hospitals known as an Accountable Care Organization.

Cigna is on Obamacare exchanges in seven states in 2017, but they're not the same seven states where it sold in 2016. He said the company expects to add 100,000 people to its Obamacare business in 2017.

In November, Cigna had about 176,000 Obamacare customers. He warned then that even with the cautious approach to Obamacare, Cigna will lose money on the business in 2017.

Cordani...

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