Cigna Healthcare Earnings Expansion
Cigna Healthcare pre-tax adjusted income increased 17% YoY to $1.28B for Q2 FY2026, driven by improved operating margins in the U.S. Employer business, while segment adjusted revenues rose 9% YoY to $11.73B due to higher premium rates in employer insured and stop loss products.
Evernorth Health Services Revenue Growth and Initiatives
Evernorth Health Services generated adjusted revenues of $61.47B (+6% YoY) in Q2 FY2026, supported by changes in claims composition in Pharmacy Benefit Services and customer growth in Specialty and Care Services, despite client-focused strategic initiatives impacting pre-tax adjusted income ($1.66B, -2% YoY).
Medical Customer Growth and MCR Expansion
Total medical customers increased 2% YoY to 18.41 million as of June 30, 2026, driven by customer additions in Middle Market (+3%) and Select market (+1%) segments. Cigna Healthcare's Medical Care Ratio (MCR) increased 130 bps YoY to 84.5% primarily due to higher prior-year risk adjustment benefits recognized in Q2 FY2025.