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CIGNA CEO: INTERESTED IN MORE SENIOR CARE ACQUISITIONS ANCHOR (OFF-CAM) ENGLISH SAYING: Globally, is there an area of the world that you're more intrigued by and more interested in making deals? DAVID CORDANI, CEO, CIGNA (ENGLISH) SAYING: Well, certainly today from a global standpoint, Greater Asia is our largest dominant footprint. For globally mobile individuals, we take care of people anywhere in the world, and we're the largest provider. I would say over the near term, Greater Asia continues to be quite important to us. We've been growing now through merging through the Middle East. And overtime, we'll be looking at further expansion, say, in Latin America or in the African continent. ANCHOR (OFF-CAM) ENGLISH SAYING: And could that be as early as this year in terms of more acquisitions? DAVID CORDANI, CEO, CIGNA (ENGLISH) SAYING: I don't believe so outside of those geographies. The two most important markets for us to open in line with our strategy were Turkey and India. Turkey is up and running fully, organically, we secured a joint venture to accelerate that and we are also almost fully operational in India. So we're staying quite focused in terms of those markets for our expansion currently. ANCHOR (OFF-CAM) ENGLISH SAYING: In terms of the Affordable Care Act, you're going to be participating in health exchanges in five states to start. Is there any way to determine for you what the Affordable Care Act is going to mean for the bottomline in terms of topline growth or is it actually a cost- an increased cost in terms of getting some of these up and running? DAVID CORDANI, CEO, CIGNA (ENGLISH) SAYING: Sure, so for the recent past, you would argue that it's been a cost. So there's been costs to additional compliance activities, costs relative to additional fees, et cetera. But looking to the future, I'd point to two things. One thing the Affordable Care Act has done is that it has raised everybody's awareness around the need to drive change in the healthcare system. That's good, because change and innovation is ...
Cigna | Collaborative Accountable Care In the U.S., Americans spend $2.6 trillion annually on health care -- more than any other industrialized nation. That's 18 percent of U.S. gross domestic product (GDP). Despite this high level of health care spending, Americans aren't getting healthier. Chronic conditions, such as diabetes, cancer and heart disease, continue to take a toll on millions of Americans. Through collaborative accountable care (CAC), Cigna hopes to reverse these trends by working in close partnership with physicians to help people get and stay healthy and drive down health care costs. Cigna President and Chief Executive Officer David Cordani talks about the company's collaborative accountable care initiatives. The CAC program is designed to achieve the "triple aim" of better health care quality, lower total medical costs and improved patient satisfaction -- the same population health goals of accountable care organizations, or ACOs. According to Cordani, collaborative accountable care is all about achieving the best possible clinical quality, a superior customer experience -- and from that, "a better cost equation." Cordani mentions three keys to success: First and foremost, it's important to align incentives so that doctors are compensated for improving their patients' health and not just for performing more procedures. Next, it's important for Cigna to provide doctors with patient-specific information that doctors can use to help improve health -- information such as missed prescription refills or important medical tests or screenings that are overdue. Third, Cordani talks about the important role of the care coordinator who uses this information to reach out to patients and make sure they're getting the follow-up care they need. Cigna launched collaborative accountable care in 2008 with one program in one state. The company is now rapidly expanding the program nationally and plans to have 100 programs reaching one million customers by the end of 2014. For more information about Cigna's Collaborative Accountable Care programs, visit: http://newsroom.cigna.com/KnowledgeCenter/ACO
Jan. 10 (Bloomberg) -- David Cordani, chief executive officer of Cigna Corp., talks about U.S. health-care policy and the company's expansion outside the country. Cordani, speaking with Shannon Pettypiece and Carol Massar on Bloomberg Television's "Street Smart," also discusses Cigna's growth strategy and the outlook for obesity treatments. (Source: Bloomberg)
Cigna's Chief Nursing Officer Susa Gaca and National Accounts Chief Operating Officer Ann Asbaty remind us it is that time of year to review our current health plans and budget accordingly.
March 4 (Bloomberg) -- David Cordani, chief executive officer of Cigna Corp., talks with Bloomberg's Mark Crumpton and Lori Rothman about President Obama's proposed overhaul of the U.S. health-care system. Cordani says the plan is "light" on reducing costs. Cordani also discusses today's meeting between health-insurer chief executive officers and Health and Human Services Secretary Kathleen Sebelius. (Source: Bloomberg)
"If you just say you can do it, you can do it". That's just the approach Chrissy Kaestle takes to every task she is faced with. In 2012, Chrissy was on the receiving end of a diagnosis that changed her life forever. She had contracted a blood disease, and the medical procedures required to save her life were at the cost of her limbs. After this diagnosis and learning to use four prosthetic limbs, Chrissy is getting back to all the things that she loves: spending time with her husband and kids, painting with watercolors and baking (her specialty is chocolate!). She's even trying new things like scuba diving. With the care and support of her family, friends and Cigna the sky is the limit, and Chrissy is reaching for the stars. Her warmth, spirit and determination are inspiring beyond belief, but don't take our word for it, see for yourself.
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