Fierce Healthcare February 3, 2022
As Cigna’s Evernorth subsidiary continues to grow, the company is working to find synergies between its services and it health plan, executives said on the company’s earnings call Thursday.
CEO David Cordani told investors that Cigna sees three key areas for Evernorth to grow: pharmacological innovation, behavioral healthcare and alternative sites of care. For example, in June, Cigna announced it would offer financial incentives to eligible members who switch to lower-cost biosimilar drugs.
Strategies like this will become increasingly important as more high-cost products come to market, Cordani said. Evernorth includes Cigna’s Express Scripts pharmacy benefit manager as well as Accredo, its specialty pharmacy arm.