Cigna posts revenue growth as concerns rise over merger with Express Scripts

Published



Cigna’s healthcare business helped spur a 10 percent growth in revenue for the three months through June, the company said on Thursday after reports surfaced that a top activist investor is set to disapprove of the health insurer’s merger with Express Scripts.

Revenue grew to $11.5 billion, while profits in the quarter dipped slightly to $806 million. At the end of June, Cigna insured 16.2 million individuals, a 329,000 increase over last year.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.