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Cigna Corp. reported $1.17 billion in fourth quarter net income, up 4.4% from the same period of 2021, as it continues to reap profits as both a health insurance company and a diversified provider of healthcare services, Forbes reports. Revenues were flat at $45.75 billion compared to $45.69 billion in the year-ago period.
1. FTC refunds customers for fraudulent health plans sold by Benefytt
2. Health systems consider dropping Medicare Advantage plans due to financial losses
3. UnitedHealth faces rising lawsuits following Change Healthcare cyberattack
4. MedPAC calls for 'major overhaul' of Medicare Advantage policies
5. Medicare to cover Novo Nordisk's weight-loss drug for heart patients
6. AT&T faces second lawsuit over $8 billion pension risk transfer