Cigna raises profit outlook and exits Obamacare plans
The health insurer raised its 2026 earnings forecast after beating quarterly estimates due to lower medical costs. It will exit Obamacare plans by year-end.
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THE CIGNA GROUP raised its 2026 adjusted profit forecast to $30.35 per share after beating first-quarter earnings in the United_States. The healthcare giant will exit the subsidized Affordable Care Act market by late 2026 to focus on corporate clients. Investors are tracking this pivot as Cigna prioritizes higher-margin pharmacy benefits and employer-sponsored plans over government-backed insurance.
