INDIANAPOLIS (AP) — Cigna Corp.'s third-quarter profit tumbled 35 percent due to a bigger hit from some discontinued businesses, but income from its main segments grew and it became the latest managed care company to forecast 2012 growth.
The Bloomfield, Conn., health insurer said Friday it expects to add at least 400,000 people next year to its health care membership.
CEO David Cordani told analysts revenue and earnings per share will grow in 2012, not counting the impact from one of its discontinued businesses or its recently announced $3.8 billion acquisition of HealthSpring Inc. Cigna didn't offer a specific projection for 2012 earnings.
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