Cigna to exit individual exchange business

Cigna will exit the ACA individual exchange market by 2027 and has already launched Evernorth Signature Pharmacy Benefits Services, a rebate-free PBM model, which will become the standard model for all clients in 2028.

The Cigna Group plans to exit the Affordable Care Act individual exchange market by 2027 and launch a new rebate-free pharmacy benefits model, leaders from the company said during a call with investors this morning.