CI On Other Exchanges
New York
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Company Description

Contact Info

900 Cottage Grove Road

Bloomfield, CT 06002

United States

Phone: 860-226-6000

Fax: 860-226-6741

rity are in self-insured plans. The company’s customers access care from one of the major Dental PPO networks and Dental HMO networks in the U.S., with approximately 140,000 Dental PPO and 20,300 Dental HMO health care professionals. Vision Cigna Vision offers PPO coverage that includes a range of both in and out-of-network benefits for routine vision services offered in conjunction with the company’s medical and dental product offerings. The company’s national vision care network, consisting of approximately 76,000 health care providers in approximately 26,100 locations, includes private practice ophthalmologist and optometrist offices, as well as retail eye care centers. Participating Provider Network The company provides its customers with a network of participating health care professionals, hospitals, and other facilities, pharmacies and providers of health care services and supplies. In most instances, it contracts with them directly; however, in some instances, the company contracts with third parties for access to their provider networks and care management services. In addition, it has entered into strategic alliances with various regional managed care organizations (Tufts Health Plan; HealthPartners, Inc.; Health Alliance Plan; and MVP Health Plan) to gain access to their provider networks and discounts. The Cigna Care Network, a benefit design option available in 72 markets across the U.S., is a subset of participating specialist physicians designated based on specific clinical quality and cost-efficiency criteria. Customers in Cigna Care Network plans pay reduced co-payments or co-insurance when they receive care from a specialist designated as a Cigna Care Network physician. LocalPlus is a provider network of doctors and hospitals designed to provide quality care by limiting the network to select health care providers and facilities. The company offers LocalPlus in 16 markets and would expand this approach in additional markets in 2016. Medical Care and Onsite Services Cigna Medical Group is a multi-specialty medical group practice that delivers primary care and certain specialty care services through 23 medical facilities and 150 clinicians in Phoenix, Arizona. These health care centers have received the highest accreditation (level 3) from the National Committee for Quality Assurance (NCQA). LivingWell Health Centers: Medicare Advantage customers might receive care from one of its five free-standing clinics and eight ‘embedded’ clinics that incorporate the principles and resources of stand-alone clinics while allowing the customer access to their primary care physician. Cigna Onsite Health provides employer-based onsite or nearby health centers and health and wellness coaches with approximately 50 health centers and 140 health coaches. Care delivery services include acute, episodic care, primary care, health and wellness coaching programs and biometric screenings. Virtual Health care services are also available to help extend access to care for both coaching and treatment services. External Validation The company maintained Health Plan accreditation from the NCQA in 37 of its markets. Additional NCQA recognitions include Full Accreditation for Managed Behavioral Healthcare Organization for Cigna Behavioral Health, Accreditation with Performance Reporting for Wellness & Health Promotion, Accreditation for its wellness programs and Physician & Hospital Quality Certification for its provider transparency program. The company has Full Accreditation for Health Utilization Management, Case Management, Pharmacy Benefit Management and Specialty Pharmacy from URAC, an independent, nonprofit health care accrediting organization dedicated to promoting health care quality through accreditation, certification and commendation. The company participates in the NCQA's Health Plan Employer Data and Information Set Quality Compass Report, whose Effectiveness of Care measures are a standard set of metrics to evaluate the effectiveness of managed care clinical programs. Its national results compare favorably to industry averages. Markets and Distribution The company offers health ca


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Valuation CI Industry Range
Price/Earnings 16.1x
Price/Sales 0.8x
Price/Book 2.4x
Price/Cash Flow 14.9x
TEV/Sales 0.6x

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