Cigna

Open: 293.25 Close: 291.53 Change: -1.72

You're losing the opportunity of using an AI to get informed about Cigna Company Inc.

The game is changing. There is a new strategy to evaluate Cigna fundamental value, possible risks and most salient advantages. Investors have traditionally relied in reading large amounts of text to evaluate the fundamental value of a stock or company. However, the development of Artificial Intelligence (AI) tools is modifying the way investments are evaluated in markets. Today, machine learning, natural language processing and bigdata allow making this process automatic, reducing large amounts of text to the elements that have a higher activation in a neural network. We programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Cigna are: Cigna, claim, Lawsuit, reject, say, California, allege, and the …

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Stock Summary

The Cigna Group provides insurance and related products and services in the United States. Its Evernorth Health Services segment provides pharmacy benefits, home delivery pharmacy, specialty pharmacy, distribution, distribution and management solutions. Its CignA Healthcare.

Today's Summary

Lawsuit filed in California seeking class action status. Lawsuit alleges Cigna violated the law by denying claims for imaging and other services in bulk. CignA rejected more than 300,000 payment claims in just two months last year, lawsuit says.

Today's News

Cigna Sued Over Algorithm Allegedly Used To Deny Coverage To Hundreds Of Thousands Of Patients. Lawsuit filed in California seeking class action status. Lawsuit alleges Cigna violated the law by denying claims for imaging and other services in bulk, lawsuit alleges. This, the complaint alleges, allowed Cignas to evade Californias legally required physician review process. Cigna (CI) closed at $290.69 in the latest trading session, marking a -1.36% move from the prior day. CignA rejected more than 300,000 payment claims in just two months last year, lawsuit says. Lawsuit says Cigna used algorithm to automatically reject hundreds of thousands of patient claims without examining them individually as required by California law. Lawsuit filed in federal court in Sacramento, California, says company rejected more than 300,000 payment claims in just two months last year. The Cigna Group (NYSE:CI) declared a cash dividend of $1.23 per share of its common stock, payable on September 21, 2023 to shareholders of record as of the close of business on September 6, 20 23. The board of directors today declared a. cash dividend. Cigna Healthcare is being sued for allegedly using algorithms to allegedly deny claims. Lawsuit alleges health insurance giant used computer algorithm to automatically reject hundreds of thousands of patient claims. Plaintiffs Suzanne Kisting-Leung and Ayesha Smiley of California filed a class-action lawsuit against Cigna. They want the payments they say are owed to them for necessary medical procedures under Cignas health insurance policies. Plaintiffs say their claims were rejected using the PXDX system.

Stock Profile

"The Cigna Group, together with its subsidiaries, provides insurance and related products and services in the United States. Its Evernorth Health Services segment provides a range of coordinated and point solution health services, including pharmacy benefits, home delivery pharmacy, specialty pharmacy, distribution, and care delivery and management solutions to health plans, employers, government organizations, and health care providers. The company's Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations. The company also offers permanent insurance contracts sold to corporations to provide coverage on the lives of certain employees for financing employer-paid future benefit obligations. It distributes its products and services through insurance brokers and consultants; directly to employers, unions and other groups, or individuals; and private and public exchanges. The company was formerly known as Cigna Corporation and changed its name to The Cigna Group in February 2023. The Cigna Group was founded in 1792 and is headquartered in Bloomfield, Connecticut."

Keywords

This document will help you to evaluate Cigna without reading an infinite amount of sources. Relying only on stock quotes or prices to make investment decisions is a mistake. Analyzing and observing stock charts, highs and lows and other numerical data does not allow to evaluate the real value of a company. Stock quotes and prices are the result of underlying characteristics of a company and of events and news happening around them. For this reason, investing must be based on information, not numbers. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Cigna are: Cigna, claim, Lawsuit, reject, say, California, allege, and the most common words in the summary are: cigna, claim, health, news, use, event, patient, . One of the sentences in the summary was: CignA rejected more than 300,000 payment claims in just two months last year, lawsuit says.. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #cigna #claim #health #news #use #event #patient.