Home Health Cigna says Obamacare customer costs were higher than expected

Cigna says Obamacare customer costs were higher than expected

113
0

Cigna CorpCigna Corp Chief Financial Officer Thomas McCarthy said on Thursday that medical claims were higher than expected from its new individual customers who signed up through the exchanges created by President Barack Obama’s national healthcare reform law. [eap_ad_2] McCarthy, speaking during a conference call with investors, said the medical costs overall “continue to reflect the recent low medical utilization trend.”

Insurers typically benefit from low medical use by its customers as they pay fewer claims. (Reuters)[eap_ad_3]

Loading...
Previous articleAstraZeneca steps up push into cancer immunotherapy
Next articleRita Dominic, Fela Durotoye, OC Ukeje, Toke Makinwa, Ice Prince, others step out for The Future Africa Awards Nominees Reception

Leave a Reply