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Add Cigna to the list of companies giving benefits to employees due to tax reform

Posted on 1/31/18 at 2:44 pm
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 1/31/18 at 2:44 pm
CIGNA is raising base pay to $16 an hour, increasing 401(k) match by 1%, adding millions of dollars to bonus incentives, and hiring more employees.

MAGA
This post was edited on 1/31/18 at 2:45 pm
Posted by TigerBait1971
PTC GA
Member since Oct 2014
14865 posts
Posted on 1/31/18 at 2:45 pm to
muh crumbs
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 1/31/18 at 2:46 pm to
Ima eat them crumbs and drink lib tears.
Posted by indianswim
Plano, TX
Member since Jan 2010
18780 posts
Posted on 1/31/18 at 2:49 pm to
I feel for anyone who works as a grunt level employee at Cigna. That may be money well earned.
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 1/31/18 at 2:52 pm to
Mostly call-center people
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 1/31/18 at 6:03 pm to
Bump for the 2nd shift
Posted by IT_Dawg
Georgia
Member since Oct 2012
21790 posts
Posted on 1/31/18 at 6:08 pm to
But....company executives and shareholders are the only ones that will benefit
Posted by Jorts R Us
Member since Aug 2013
14813 posts
Posted on 1/31/18 at 6:12 pm to
Too much death. Can’t take much mooooore
Posted by IllegalPete
Front Range
Member since Oct 2017
7182 posts
Posted on 1/31/18 at 6:44 pm to
Anyone know how major medical plans will work for 2019?

Assuming there is no official healthcare reform but the mandate is repealed.

Does that mean Cigna, BCBS, etc can start offering plans to groups and individuals that are not Obamacare compliant and therefore cheaper for the consumer and more profitable for the company?

If so, then this would be a great time to invest in health insurance providers.
Posted by Dale Murphy
God's Country
Member since Feb 2005
24471 posts
Posted on 1/31/18 at 7:31 pm to
Cigna is trying to pay providers less than Medicare reimbursement. If that happens look for lots of providers to drop Cigna patients. Don't know that I would spend too much on that stock right now.
Posted by rhinolsu
Tyler, TX
Member since Sep 2007
765 posts
Posted on 1/31/18 at 8:08 pm to
Yes. Their Healthspring Medicare supplemental is shite. Glad for the employees but working with these people to try to improve patient care is like shoving needles up the ol' peehole.
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 1/31/18 at 8:38 pm to
My Cigna shares have increased in value by about 30% over the last 3 years. I would recommend you buy.
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