Cigna’s Evernorth unit partners with rival Kaiser Permanente

(Reuters) – Well being insurer Cigna Corp’s Evernorth unit would accomplice with Kaiser Permanente to assist sufferers enrolled in some its rival’s well being plans achieve entry to docs whereas touring.

The settlement introduced on Tuesday would make Evernorth the popular exterior pharmacy accomplice of Kaiser for medicine to deal with sure circumstances.

Evernorth homes the pharmacy profit administration enterprise Cigna acquired in its 2018 buyout of Specific Scripts in addition to the corporate’s specialty pharmacy enterprise Accredo.

“We have set Evernorth as much as be a accomplice of selection. And we’ve got accomplice preparations with entities that some may see as our rivals,” Eric Palmer, CEO of Evernorth, mentioned in an interview.

Pharmacy profit managers function intermediaries between drug producers, medical health insurance plans and pharmacies to barter prescription drug costs.

(Reporting by Manas Mishra in Bengaluru; Modifying by Aditya Soni)