Cigna Group Files 2023 10-K, Details Healthcare Operations
Ticker: CI · Form: 10-K · Filed: 2024-02-29T00:00:00.000Z
Sentiment: neutral
Topics: earnings, 10-K, healthcare, annual-report
TL;DR
**Cigna's 2023 10-K is out, giving a full financial picture for the healthcare giant.**
AI Summary
Cigna Group filed its 10-K on February 29, 2024, for the fiscal year ending December 31, 2023. The filing details the company's financial performance and operational structure, including its Cigna Healthcare segment. The company, headquartered in Bloomfield, CT, operates in the hospital and medical service plans industry.
Why It Matters
This filing provides a comprehensive look into Cigna's financial health and strategic direction, impacting investors, healthcare consumers, and the broader insurance market.
Risk Assessment
Risk Level: medium — As a large healthcare provider, Cigna faces regulatory, market, and operational risks inherent in the industry.
Key Players & Entities
- Cigna Group (company) — Filer of the 10-K
- Cigna Corp (company) — Former name of Cigna Group
- Halfmoon Parent, Inc. (company) — Former name of Cigna Group
- December 31, 2023 (date) — Conformed period of report end date
- February 29, 2024 (date) — Filed as of date
- 001-38769 (other) — SEC File Number
- 0001739940 (other) — Central Index Key (CIK)
FAQ
What is the Central Index Key (CIK) for Cigna Group?
The Central Index Key (CIK) for Cigna Group is 0001739940.
When was Cigna Group's 10-K for the fiscal year 2023 filed?
Cigna Group's 10-K for the fiscal year ending December 31, 2023, was filed on February 29, 2024.
What was Cigna Group's former name before Cigna Corp?
Before Cigna Corp, Cigna Group's former name was Halfmoon Parent, Inc., with the name change occurring on May 8, 2018.
Where is Cigna Group's business address located?
Cigna Group's business address is 900 Cottage Grove Road, Bloomfield, CT 06002.
What is the Standard Industrial Classification (SIC) for Cigna Group?
Cigna Group's Standard Industrial Classification (SIC) is HOSPITAL & MEDICAL SERVICE PLANS [6324].
From the Filing
0001739940-24-000005.txt : 20240229 0001739940-24-000005.hdr.sgml : 20240229 20240229144805 ACCESSION NUMBER: 0001739940-24-000005 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 197 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240229 DATE AS OF CHANGE: 20240229 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Cigna Group CENTRAL INDEX KEY: 0001739940 STANDARD INDUSTRIAL CLASSIFICATION: HOSPITAL & MEDICAL SERVICE PLANS [6324] ORGANIZATION NAME: 02 Finance IRS NUMBER: 824991898 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38769 FILM NUMBER: 24702887 BUSINESS ADDRESS: STREET 1: 900 COTTAGE GROVE ROAD CITY: BLOOMFIELD STATE: CT ZIP: 06002 BUSINESS PHONE: 8602266000 MAIL ADDRESS: STREET 1: 900 COTTAGE GROVE ROAD CITY: BLOOMFIELD STATE: CT ZIP: 06002 FORMER COMPANY: FORMER CONFORMED NAME: Cigna Corp DATE OF NAME CHANGE: 20181221 FORMER COMPANY: FORMER CONFORMED NAME: Halfmoon Parent, Inc. DATE OF NAME CHANGE: 20180508 10-K 1 ci-20231231.htm 10-K ci-20231231 FY 2023 false 0001739940 http://fasb.org/us-gaap/2023#AccountingStandardsUpdate201613Member http://www.thecignagroup.com/20231231#CignaHealthcareMember http://fasb.org/us-gaap/2023#AccountsPayableCurrent http://fasb.org/us-gaap/2023#AccountsPayableCurrent http://fasb.org/us-gaap/2023#GainLossOnSaleOfBusiness P1Y P3Y P3Y P3Y http://fasb.org/us-gaap/2023#UsefulLifeShorterOfTermOfLeaseOrAssetUtilityMember http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://www.thecignagroup.com/20231231#AccruedExpensesAndOtherLiabilities http://www.thecignagroup.com/20231231#AccruedExpensesAndOtherLiabilities http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2023#DebtCurrent http://fasb.org/us-gaap/2023#DebtCurrent http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligations http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligations 0001739940 2023-01-01 2023-12-31 0001739940 2023-06-30 iso4217:USD 0001739940 2024-01-31 xbrli:shares 0001739940 us-gaap:ProductMember 2023-01-01 2023-12-31 0001739940 us-gaap:ProductMember 2022-01-01 2022-12-31 0001739940 us-gaap:ProductMember 2021-01-01 2021-12-31 0001739940 2022-01-01 2022-12-31 0001739940 2021-01-01 2021-12-31 0001739940 us-gaap:ServiceMember 2023-01-01 2023-12-31 0001739940 us-gaap:ServiceMember 2022-01-01 2022-12-31 0001739940 us-gaap:ServiceMember 2021-01-01 2021-12-31 iso4217:USD xbrli:shares 0001739940 2023-12-31 0001739940 2022-12-31 0001739940 us-gaap:CommonStockMember srt:ScenarioPreviouslyReportedMember 2020-12-31 0001739940 us-gaap:AdditionalPaidInCapitalMember srt:ScenarioPreviouslyReportedMember 2020-12-31 0001739940 us-gaap:AccumulatedOtherComprehensiveIncomeMember srt:ScenarioPreviouslyReportedMember 2020-12-31 0001739940 us-gaap:RetainedEarningsMember srt:ScenarioPreviouslyReportedMember 2020-12-31 0001739940 us-gaap:TreasuryStockCommonMember srt:ScenarioPreviouslyReportedMember 2020-12-31 0001739940 us-gaap:ParentMember srt:ScenarioPreviouslyReportedMember 2020-12-31 0001739940 us-gaap:NoncontrollingInterestMember srt:ScenarioPreviouslyReportedMember 2020-12-31 0001739940 srt:ScenarioPreviouslyReportedMember 2020-12-31 0001739940 srt:RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001739940 srt:RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember us-gaap:RetainedEarningsMember 2020-12-31 0001739940 srt:RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember us-gaap:ParentMember 2020-12-31 0001739940 srt:RevisionOfPriorPeriodAccountingStandardsUpda