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Cigna To Exit Obamacare In 2027, Affecting Coverage For 369,000
The insurer is leaving a market where 369,000 people will need new coverage as it shifts toward pharmacy services and employer plans.
- On Thursday, The Cigna Group announced it will exit Affordable Care Act exchanges by the end of this year and initiate a strategic review of its eviCore business to focus on core growth platforms.
- COO Brian Evanko stated that ACA plans and eviCore fell short of expectations, driving Cigna to depart the exchanges for reasons similar to its Medicare exit last year.
- ACA plans have become increasingly unaffordable after the Republican-led Congress allowed generous subsidies to expire at the end of last year; Cigna reported $1.7 billion in first-quarter 2026 profit.
- The exit leaves 369,000 Americans searching for new coverage in 11 states, continuing a trend after CVS Health's Aetna departed the exchanges following 2025.
- CEO David Cordani will transition to Executive Chair in July 2026, with Brian Ivanko succeeding him as CEO to sharpen focus on pharmacy services and employer-sponsored plans covering 18 million members.
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Cigna to Exit Obamacare in 2027 Amid Rising Costs
The Cigna Group, one of the country’s largest health services and insurance firms, is joining others, including Aetna and UnitedHealthcare, in divesting its individual health exchange business. By the end of 2026, Cigna Group will no longer offer insurance through the Affordable Care Act (ACA), also known as “Obamacare,” the company said during its April 30 earnings call. According to its first-quarter earnings report, as of March 31, the compan…
·New York, United States
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Coverage Details
Total News Sources12
Leaning Left1Leaning Right1Center6Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
13%
C 75%
12%
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