---
schema_version: "secwatch.filing_event.v1"
accession: "0000950159-24-000025"
form_type: "8-K"
ticker: "CI"
cik: "0001739940"
company_name: "Cigna Group"
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T13:49:34.949538+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cigna sells Medicare businesses to HCSC for $3.7B; expects Q1 2025 close, accretive to adjusted EPS

## Summary
- Total transaction value ~$3.7B; includes Medicare Advantage, Supplemental Benefits, Part D, and CareAllies.
- Expected to close in Q1 2025, subject to regulatory approvals; no financing condition.
- Cigna expects to recognize a pre-tax loss of ~$1.5B in net income as of Dec 31, 2023, primarily from asset write-offs and costs to sell; does not affect adjusted income.
- Transaction expected to be accretive to adjusted EPS in 2025; reaffirms 2024 adj. EPS target of at least $28 and 10-13% long-term annual growth.
- Proceeds primarily allocated to share repurchases; four-year services agreement for Evernorth to continue providing PBM services.

## SEC filing metadata
- accession: 0000950159-24-000025
- form_type: 8-K
- ticker: CI
- cik: 0001739940
- company_name: Cigna Group
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1739940/000095015924000025/0000950159-24-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1739940/000095015924000025/cigna8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950159-24-000025
- JSON: https://secwatch.observer/filing/0000950159-24-000025.json
- Plain text: https://secwatch.observer/filing/0000950159-24-000025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.