
Cigna creates new program to pay for high-price gene therapies
The payer unveiled Embarc Benefit Protection, which it said would enable plans to pay a monthly, per-member fee to enroll, while patients would not have to pay anything out of pocket.
The payer unveiled Embarc Benefit Protection, which it said would enable plans to pay a monthly, per-member fee to enroll, while patients would not have to pay anything out of pocket.
Cigna's sharpened focus on healthcare is evidenced by a number of recent moves, including, most notably its $54 billion acquisition of pharmacy benefits manager Express Scripts last year.
A company representative said that while a full list of covered products isn't available, the plan is to include all forms under the program, which could help more than 700,000 people in a Cigna or Express Scripts plan.
Cigna competitors who have launched their own venture arms include Humana, Kaiser Permanente and UnitedHealthGroup's Optum division.
Blockchain, an emerging technology, is coming to the world of healthcare. Three recently established startups are finding unique ways to apply it to the space.
The San Francisco digital health company now has three payers on board as investors - Humana, Kaiser Permanente Ventures, and Cigna.