Previous close | 21.60 |
Open | 21.40 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 360.00 |
Expiry date | 2024-07-19 |
Day's range | 21.40 - 21.60 |
Contract range | N/A |
Volume | |
Open interest | 151 |
Express Scripts, the pharmacy benefits services business of Evernorth, a subsidiary of The Cigna Group (NYSE: CI), today released research spotlighting that members with employer-provided coverage paid less at the pharmacy counter for prescription drugs in 2023 compared to the previous year. On average, members with employer-sponsored drug coverage paid $15.10 out-of-pocket for a 30-day prescription in 2023, a decrease of about 1% compared to 2022. While drug manufacturers raised prices for 60%
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Cigna (CI) remains well-poised for growth on the back of improved pharmacy revenues in its Evernorth unit. Solid cash-generating abilities also enable it to tactically deploy capital.