• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishGo to App
    Quantisnow Logo

    © 2026 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    Evernorth Announces New Era of Pharmacy Benefit Services to Lower Americans' Medication Costs

    10/27/25 6:15:00 AM ET
    $CI
    Medical Specialities
    Health Care
    Get the next $CI alert in real time by email

    Unveils Transparent Rebate-Free Pharmacy Benefit; Lower Costs and Better Experience for Americans; Greater Support for Local Pharmacies

    BLOOMFIELD, Conn., Oct. 27, 2025 /PRNewswire/ -- Evernorth, the health services division of The Cigna Group (NYSE:CI) today announced a new rebate-free pharmacy benefit model designed to help Americans stay healthy and get the medications they need by lowering costs, improving transparency, and supporting local pharmacies so care is always within reach.

    Evernorth Health Services (PRNewsfoto/Evernorth Health Services)

    "While pharmacy benefit managers have already helped the U.S. achieve the lowest prices for generics in the world – which account for 90% of all prescriptions – the cost of brand-name medicines remain out of reach for too many Americans. We applaud President Trump and his Administration for taking decisive action to help lower costs for brand-name medicines that have long been controlled by drug companies," said David M. Cordani, Chairman and CEO, The Cigna Group. "We are building on our long track record of pharmacy benefits innovation to put Americans first – lowering their drug costs, protecting access to their trusted pharmacies, and providing the clinical support and safety checks they need to stay healthy."

    Evernorth's new Express Scripts pharmacy benefit services model is rooted in three core components:

    Transparent, rebate-free pharmacy benefit services

    Evernorth will transition toward a new model where discounts negotiated with drug companies are available upfront to Americans buying their medications. This new approach will cut out the complex post-purchase rebate process by making the discounted price of the drug readily available and transparent from the start.

    For Americans, this means lower costs – particularly for brand-name drugs – at the pharmacy counter, as they will directly benefit from the discounts Evernorth secures. For businesses and other health plans, this means a simpler, more direct path for procuring medications for their benefit plans. It also gives them more real-time visibility into their drug costs, improving their ability to support their population and forecast their budgets.  

    "Pharmacy benefit managers have successfully driven down costs for Americans with generics and now with biosimilars. President Trump has highlighted the urgent need to tackle the high list prices of the 10% of medications that make up 88% of costs," said Adam Kautzner, PharmD, President of Evernorth Care Management and Express Scripts. "In this new era of pharmacy benefits, we're creating more choice for Americans by lowering the costs of expensive brand-name drugs while driving accelerated adoption of generics and biosimilars. Our innovative model is a win-win for Americans and their employers—lower costs for Americans, real-time transparency for employers, and renewed trust in pharmacy benefits for all."

    Cigna Healthcare will adopt this model for its fully insured lives beginning in 2027. It will become the standard model available for all Evernorth pharmacy benefits clients beginning in 2028. 

    Lower costs and better experiences for Americans

    For Americans in health plans where they pay the full cost of medications, including millions of people with high-deductible plans, this new model will reduce their monthly cost for a brand-name prescription by an average of 30%.

    Evernorth is also ensuring Americans pay the lowest available cost for both brand-name and generic medicines – whether it is the Evernorth negotiated price, their copay, or a cash discount price. To do that, Evernorth leverages technology to automatically compare multiple pricing options and charge the lowest cost at the pharmacy counter. For example, if a medicine has:

    • An Evernorth negotiated cost of $22 (70% off the list price),
    • A cash discount cost of $20,
    • A drug company's "direct-to-consumer" cost of $50, or
    • A copay of $25;

    the customer will pay $20, the lowest of the four options. In most cases, the Evernorth-negotiated cost is the best, but there are instances where the cash discount cost is lower, particularly for Americans in high-deductible health plans. Tens of millions of Americans benefit from this technology today and millions more will start benefitting in January 2026. Evernorth plans to integrate this model with new direct-to-patient programs when they become available to ensure the lowest costs are always widely available to Americans.

    By helping Americans use their pharmacy benefit to get the lowest price on medications, Evernorth ensures that their out-of-pocket costs count toward their annual deductible. Americans also receive the protection of Evernorth's robust clinical safeguards, which include thousands of safety checks that help prevent harmful drug interactions, flags allergies, and ensures medications are taken correctly. More than 50% of patients prescribed chronic care medications do not follow their treatment plans consistently, which makes Evernorth's clinical support essential to appropriate medication use and helping Americans achieve better health.

    Customers will also have the option to pay Evernorth's negotiated cost rather than the drug company's list price if a prescribed brand-name medicine is not covered by their health plan – giving customers more choices for how they get their medicines.

    Support for community pharmacies so medications and care are always within reach

    For many Americans, their local pharmacy is the front door to health care and an essential part of their care team. To ensure local pharmacies can continue to play this critical role, Evernorth is adopting a new reimbursement model that compensates pharmacies based on their cost for medications plus a dispensing fee and additional reimbursement for the essential clinical services they provide to patients.

    This forward-thinking approach to clinical reimbursement will recognize and reward pharmacies for the broad range of care services they provide, extending beyond dispensing medications. By setting higher quality standards, pharmacies will have the opportunity to earn additional reimbursement for delivering exceptional patient care and achieving improved health outcomes.

    The new reimbursement model will be implemented across all in-network pharmacies starting in 2026, ensuring that every local pharmacy has the resources and incentives to excel in patient care and service.

    This new pharmacy benefit model builds on the company's decades-long legacy of driving affordability for millions of Americans. From pioneering the use of generics to expanding access to biosimilars, it has consistently led the way in lowering prescription drug costs while ensuring customers have the support and guidance they need to use their medicines correctly. Evernorth is proud to continue its tradition of innovation with this breakthrough new model that improves affordability, access, and health for millions of Americans.

    About Evernorth Health Services 

    Evernorth Health Services creates pharmacy, care, and benefits solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention, and treatment of illness and disease more accessible to millions of people. Evernorth capabilities are powered by our businesses, including Express Scripts, Express Scripts® Pharmacy, Accredo, eviCore, and MDLIVE, along with holistic Evernorth platforms and solutions that move people and organizations forward. All Evernorth solutions are serviced and provided by or through operating affiliates of Evernorth Health, a wholly owned subsidiary of The Cigna Group (NYSE:CI), or third-party partners. Learn more at evernorth.com.

    Media Contact: 

    Justine Sessions

    [email protected]

    860-810-6523

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/evernorth-announces-new-era-of-pharmacy-benefit-services-to-lower-americans-medication-costs-302594769.html

    SOURCE Evernorth

    Get the next $CI alert in real time by email

    Crush Q1 2026 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $CI

    DatePrice TargetRatingAnalyst
    3/12/2026$358.00Mkt Perform → Outperform
    Bernstein
    10/14/2025$370.00Buy
    Goldman
    2/6/2025$323.00Outperform → Mkt Perform
    Bernstein
    6/26/2024$400.00Overweight
    Piper Sandler
    5/30/2024$388.00Outperform
    Robert W. Baird
    3/6/2024$393.00Overweight
    Barclays
    2/5/2024$334.00 → $372.00Neutral → Overweight
    Cantor Fitzgerald
    2/5/2024$327.00 → $354.00Sector Perform → Outperform
    RBC Capital Mkts
    More analyst ratings

    $CI
    SEC Filings

    View All

    SEC Form DEFA14A filed by The Cigna Group

    DEFA14A - Cigna Group (0001739940) (Filer)

    3/13/26 4:39:25 PM ET
    $CI
    Medical Specialities
    Health Care

    SEC Form DEF 14A filed by The Cigna Group

    DEF 14A - Cigna Group (0001739940) (Filer)

    3/13/26 4:36:18 PM ET
    $CI
    Medical Specialities
    Health Care

    Amendment: SEC Form SCHEDULE 13G/A filed by The Cigna Group

    SCHEDULE 13G/A - Cigna Group (0001739940) (Subject)

    3/5/26 1:24:31 PM ET
    $CI
    Medical Specialities
    Health Care

    $CI
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    AM Best Affirms Credit Ratings of The Cigna Group and Its Subsidiaries

    AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a+" (Excellent) of the key U.S. life/health subsidiaries and Europe-based insurance companies of The Cigna Group (Cigna) (headquartered in Bloomfield, CT) (NYSE:CI). The majority of Cigna's core U.S. health insurance entities are collectively referred to as Cigna Life & Health Group. In addition, AM Best has affirmed the Long-Term ICR of "bbb+" (Good) and the Long-Term Issue Credit Ratings (Long-Term IR) of Cigna. AM Best also has affirmed the Short-Term Issue Credit Rating (Short-Term IR) of Cigna. The outlook of these Credit Ratings (ratings) is stable. (

    3/4/26 5:40:00 PM ET
    $CI
    Medical Specialities
    Health Care

    The Cigna Group Announces President & COO Brian Evanko to Succeed David M. Cordani as Chief Executive Officer

    Cordani to retire as chief executive officer on July 1, 2026, and will serve as executive chair of The Cigna Group Board of DirectorsEvanko elected to the company's Board of DirectorsCompany reaffirms 2026 Financial OutlookBLOOMFIELD, Conn., March 3, 2026 /PRNewswire/ -- The Cigna Group (NYSE: CI) today announced that David M. Cordani will retire as chief executive officer effective July 1, 2026, and become executive chair of The Cigna Group's Board of Directors. Brian Evanko, current president and chief operating officer, will succeed Cordani as CEO. Throughout his tenure—inclu

    3/3/26 7:30:00 AM ET
    $CI
    Medical Specialities
    Health Care

    The Cigna Group Announces Appearance at the TD Cowen 46th Annual Health Care Conference

    BLOOMFIELD, Conn., March 2, 2026 /PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) announced that Ann Dennison, Executive Vice President and CFO of The Cigna Group, and Adam Kautzner, President of Evernorth Care Management and Express Scripts, will present at the TD Cowen 46th Annual Health Care Conference today, March 2, 2026, in Boston, MA. The Cigna Group's presentation is expected to begin at approximately 1:50 p.m. ET. A live webcast of the presentation will be available at https://investors.thecignagroup.com/events-and-presentations/default.aspx in the Invest

    3/2/26 6:00:00 AM ET
    $CI
    Medical Specialities
    Health Care

    $CI
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    The Cigna Group upgraded by Bernstein with a new price target

    Bernstein upgraded The Cigna Group from Mkt Perform to Outperform and set a new price target of $358.00

    3/12/26 8:38:26 AM ET
    $CI
    Medical Specialities
    Health Care

    Goldman initiated coverage on The Cigna Group with a new price target

    Goldman initiated coverage of The Cigna Group with a rating of Buy and set a new price target of $370.00

    10/14/25 8:47:37 AM ET
    $CI
    Medical Specialities
    Health Care

    The Cigna Group downgraded by Bernstein with a new price target

    Bernstein downgraded The Cigna Group from Outperform to Mkt Perform and set a new price target of $323.00

    2/6/25 7:05:01 AM ET
    $CI
    Medical Specialities
    Health Care

    $CI
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Chief Accounting Officer Kates Jamie G was granted 814 shares and covered exercise/tax liability with 132 shares, increasing direct ownership by 40% to 2,368 units (SEC Form 4)

    4 - Cigna Group (0001739940) (Issuer)

    3/3/26 7:20:05 PM ET
    $CI
    Medical Specialities
    Health Care

    Officer Neville Everett was granted 5,280 shares, covered exercise/tax liability with 1,400 shares and sold $496,636 worth of shares (1,719 units at $288.91), increasing direct ownership by 62% to 5,670 units (SEC Form 4)

    4 - Cigna Group (0001739940) (Issuer)

    3/3/26 7:18:57 PM ET
    $CI
    Medical Specialities
    Health Care

    EVP, Global CIO Koka Durga Prasad was granted 3,177 shares and covered exercise/tax liability with 220 shares, increasing direct ownership by 68% to 7,281 units (SEC Form 4)

    4 - Cigna Group (0001739940) (Issuer)

    3/3/26 7:19:26 PM ET
    $CI
    Medical Specialities
    Health Care

    $CI
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Chairman & CEO Cordani David bought $999,916 worth of shares (4,134 units at $241.88) (SEC Form 4)

    4 - Cigna Group (0001739940) (Issuer)

    11/3/25 2:47:56 PM ET
    $CI
    Medical Specialities
    Health Care

    $CI
    Leadership Updates

    Live Leadership Updates

    View All

    The Cigna Group Announces President & COO Brian Evanko to Succeed David M. Cordani as Chief Executive Officer

    Cordani to retire as chief executive officer on July 1, 2026, and will serve as executive chair of The Cigna Group Board of DirectorsEvanko elected to the company's Board of DirectorsCompany reaffirms 2026 Financial OutlookBLOOMFIELD, Conn., March 3, 2026 /PRNewswire/ -- The Cigna Group (NYSE: CI) today announced that David M. Cordani will retire as chief executive officer effective July 1, 2026, and become executive chair of The Cigna Group's Board of Directors. Brian Evanko, current president and chief operating officer, will succeed Cordani as CEO. Throughout his tenure—inclu

    3/3/26 7:30:00 AM ET
    $CI
    Medical Specialities
    Health Care

    VINCENT COUNTRY SAFE ZONE ACTIVITY DAY PRESENTED BY CIGNA HEALTHCARE DELIVERS SUPER BOWL WEEK FUN, NFL FLAG FOOTBALL, AND WELLNESS TO OAKLAND STUDENTS

    Corporate, Nonprofit, and Philanthropic Partners Collaborated to Provide Transformative Experiences and Lasting Resources at Burckhalter Elementary School OAKLAND, Calif., Feb. 3, 2026 /PRNewswire/ -- Vincent Country Safe Zone Activity Day Presented by Cigna Healthcare, a flagship initiative of Love Thy Neighbor CDC co-founded by NFL Executive and Legend Troy Vincent, Sr. and his wife, author and chef Tommi A. Vincent, took place Tuesday, February 3, at Burckhalter Elementary School in Oakland, CA. The ninth annual event, themed Dreams Grow Here, delivered a full day of fun, food, wellness, and engaging sports activities, including NFL FLAG, for more than 200 Pre-K through fifth-grade studen

    2/3/26 8:17:00 PM ET
    $CI
    Medical Specialities
    Health Care

    The Cigna Group Announces Appointment of Michael J. Hennigan to Board of Directors

    BLOOMFIELD, Conn., June 2, 2025 /PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) announced today that Michael J. Hennigan has been appointed to the organization's Board of Directors. His appointment is effective June 2. Mr. Hennigan is the Executive Chairman of Marathon Petroleum Corporation (MPC), an integrated downstream energy company, and MPLX, a diversified master limited partnership formed by MPC. He joined the company in 2017 and previously held the roles of Chief Executive Officer of MPC and Chairman, President and Chief Executive Officer of MPLX. Prior

    6/2/25 4:30:00 PM ET
    $CI
    Medical Specialities
    Health Care

    $CI
    Financials

    Live finance-specific insights

    View All

    AM Best Affirms Credit Ratings of The Cigna Group and Its Subsidiaries

    AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a+" (Excellent) of the key U.S. life/health subsidiaries and Europe-based insurance companies of The Cigna Group (Cigna) (headquartered in Bloomfield, CT) (NYSE:CI). The majority of Cigna's core U.S. health insurance entities are collectively referred to as Cigna Life & Health Group. In addition, AM Best has affirmed the Long-Term ICR of "bbb+" (Good) and the Long-Term Issue Credit Ratings (Long-Term IR) of Cigna. AM Best also has affirmed the Short-Term Issue Credit Rating (Short-Term IR) of Cigna. The outlook of these Credit Ratings (ratings) is stable. (

    3/4/26 5:40:00 PM ET
    $CI
    Medical Specialities
    Health Care

    The Cigna Group Reports Strong Fourth Quarter and Full Year 2025 Results, Establishes 2026 Outlook and Increases Dividend

    Total revenues for 2025 increased 11% to $274.9 billionShareholders' net income for 2025 was $6.0 billion, or $22.18 per shareAdjusted income from operations1 for 2025 was $8.0 billion, or $29.84 per share2026 adjusted income from operations1 is projected to be at least $7.950 billion, or at least $30.25 per share2Board of Directors declared an increase in the quarterly dividend to $1.56 per shareBLOOMFIELD, Conn., Feb. 5, 2026 /PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) today reported 2025 results, underscoring operational discipline and the strength of its complimentary portfolio of global health businesses.

    2/5/26 6:00:00 AM ET
    $CI
    Medical Specialities
    Health Care

    The Cigna Group's Fourth Quarter 2025 Earnings Release Details

    BLOOMFIELD, Conn., Jan. 13, 2026 /PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) will release its fourth quarter 2025 financial results on Thursday, February 5, 2026, and will host a conference call the same day. Fourth quarter 2025 financial results will be released no later than 6:30 a.m. Eastern Time (ET). Management will review these results on a conference call beginning at 8:30 a.m. ET. The call-in numbers are as follows: Live Call (888) 566-1889 (Domestic) (773) 799-3989 (International) Passcode: 02052026 Replay (866) 405-7290 (Domestic) (203) 369-0603 (

    1/13/26 6:00:00 AM ET
    $CI
    Medical Specialities
    Health Care

    $CI
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G filed by The Cigna Group

    SC 13G - Cigna Group (0001739940) (Subject)

    11/12/24 9:55:14 AM ET
    $CI
    Medical Specialities
    Health Care

    SEC Form SC 13G/A filed by The Cigna Group (Amendment)

    SC 13G/A - Cigna Group (0001739940) (Subject)

    2/13/24 5:02:29 PM ET
    $CI
    Medical Specialities
    Health Care

    SEC Form SC 13G/A filed by The Cigna Group (Amendment)

    SC 13G/A - Cigna Group (0001739940) (Subject)

    2/9/24 8:50:20 AM ET
    $CI
    Medical Specialities
    Health Care