Cigna targets 3B dollars in savings by 2030

Cigna announced a new program aiming for three billion dollars in cost savings by 2030 using artificial intelligence. The health insurer also reaffirmed its financial forecasts.

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U.S. 100 dollar banknotes are seen in this picture illustration taken in Kiev, Ukraine, October 31, 2016. REUTERS/Valentyn Ogirenko/Illustration

Cigna expects to deliver $3 billion in cost savings by 2030 through AI-driven process modernization and streamlined workflows. The health insurer announced the target on Wednesday during its investor event. The initiative follows aggressive technology deployments aimed at chronic disease management.

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