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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
May 09, 2005 at 08:00 PM
CIGNA HealthCare has agreed to work with a large prescription drug discount card seller to set up a national Medicare drug plan.[@@]
CIGNA HealthCare, Bloomfield, Conn., says its proposed partner, NationsHealth Inc., Sunrise, Fla., has attracted 2.6 million members to a drug discount card program accepted at 50,000 pharmacies around the United States.
NationsHealth also provides diabetes supplies for Medicare beneficiaries at the Kmart pharmacies, according to CIGNA HealthCare.
CIGNA HealthCare, a unit of CIGNA Corp., Philadelphia, says the deal is subject to federal government approval of CIGNA HealthCare’s application to join the new Medicare Part D prescription drug program.
CIGNA HealthCare also says it expects to buy 303,030 shares of NationsHealth common stock and warrants to buy another 2.9 million shares of the company’s common stock.
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