NU Online News Service
CIGNA Corp. has agreed to pay $1.5 billion in cash to buy the health insurance arm of Great-West Life & Annuity Insurance Company.
Great-West Healthcare, a part of Great-West Life & Annuity, Greenwood Village, Colo., provides medical, dental, vision, life and disability coverage for 2.2 million U.S. residents in 5,200 U.S. employer groups.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
