Prognosis
Humana to Join Cigna Drug-Buying Group for Some Members
- Pact applies to Humana’s commercial group membership
- Move intended to ‘extract deeper price discounts’ on drugs
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Humana Inc. has agreed to join a purchasing group run by rival Cigna Corp. in a move that the health insurer says will help drive down its drug costs for its commercial members.
Beginning April 1, Humana will join a Cigna purchasing organization called Ascent Health Services to give it access to greater discounts from drugmakers, the companies confirmed to Bloomberg News.