Five things to know:
1. The payer posted $174.1 billion in 2021 revenue, up from $160.4 billion in 2020. It also beat its 2020 fourth quarter revenue, reporting $45.7 billion.
2. However, Cigna only posted $5.4 billion in net income, down 36.7 percent from 2020’s $8.5 billion.
3. Between pharmacy and medical businesses, Cigna reported 185.7 million customer relationships. The figure was anchored by growth across all lines, resulting in 7 percent year-over-year growth.
4. Medical membership grew by 431,000 in 2021, up to 17.1 million total.
5. The payer anticipates revenues to hit $177 billion in 2022, with operational income up to $6.95 billion.
