Cigna 4Q Profit Rises 40% Amid Light Med. Utilization

Wall Street Journal:

Cigna Corp.'s (CI) fourth-quarter earnings rose 40% as the managed-care company benefited from ongoing membership growth and a recent U.S. trend of light demand for medical services...

The quarter capped a year in which Cigna and its industry peers were helped by slower growth in medical costs, as the weak economy and labor picture prompted people to use fewer hospital and physician services.

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