Insurer Cigna to buy HealthSpring for $3.8 billion
Cigna Corp. will buy fellow health insurer HealthSpring Inc. in a $3.8 billion deal as it becomes the latest managed-care company to snap up a bigger share of the fast-growing Medicare Advantage market.
Cigna, a provider of employer-purchased medical insurance for expatriates, has launched a new international health care plan, Cigna Global Health Options, for individuals who seeks access to high quality medical healthcare around the world.