HCSC completed the acquisition of the medicare businesses and CareAllies from Cigna for $3.3bn.

HCSC, a member-owned health insurance company, completed the acquisition of the medicare businesses and CareAllies from Cigna, a for-profit American multinational managed healthcare and insurance company, for $3.3bn. "This transaction is fully aligned with our mission of expanding access to quality health care by adding capabilities and deepening our geographic presence across the United Statesr. We recognize that the health and wellness needs for older Americans are growing, and we plan to have an important role in helping seniors live healthier, fuller lives. We are excited to welcome our new Medicare members and the employees who will continue to help them achieve their best health," Maurice Smith, HCSC CEO, President and Vice Chair.