Cigna CEO Says Health Insurer Is Open to More Acquisitions

David Cordani speaks during an Economic Club of New York event on Nov. 20.Photographer: Christopher Goodney/Bloomberg
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Cigna Corp. is open to making more acquisitions, Chief Executive Officer David Cordani said, almost a year after the health insurer bought drug-benefit manager Express Scripts.

An expected $8 billion in free cash flow in 2020 should give Cigna “strategic optionality,” Cordani said in an interview with Bloomberg TV’s David Westin at the Economic Club of New York on Wednesday.