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Employee Benefits

New York Life pays $6.3 billion for Cigna group benefits business

January 04, 2021 Reprints

New York Life Insurance Co. has completed the acquisition of Cigna Corp’s group life, accident and disability insurance business for $6.3 billion. FierceHealthcare reports. The acquisition will add nine million customers and 3,000 employees to New York Life’s portfolio.

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New York Life pays $6.3 billion for Cigna group benefits business

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