Cigna Now Working with the Connecticut Chambers of Commerce on Critical Choice
HARTFORD, Conn., November 18, 2014 - Cigna (NYSE:CI) is now working with the Chamber Insurance Trust (CIT), a voluntary alliance of participating Connecticut Chambers of Commerce, to offer its individual Critical Choice supplemental products to Chamber members across Connecticut.
"We are proud to partner with The Chamber Insurance Trust in their mission to help Connecticut employers offer a level of financial security for employees confronting the rising cost of health care," said Brad Wolfram, vice president of emerging channels for Cigna's US Individual segment. "Cigna's Critical Choice product is a supplemental solution that is designed to help individuals protect their lifestyle and well-being when a critical health event occurs."
In a fall enrollment season survey, Cigna discovered that 75 percent of respondents believed that health care costs could ruin their prospects of a secure retirement; while 44 percent worried they won't have the money to pay for their child's college education. Cigna's Critical Choice coverage provides a lump sum payment for covered conditions to help an individual pay medical bills when the unexpected occurs.
"Bringing a top health services company like Cigna into the Chamber Insurance Trust helps us meet the growing needs of our Chamber members and their employees," said JoAnn Ryan, President and CEO of Northwest Connecticut's Chamber of Commerce and chair of the CIT Leadership Cabinet. "The more choice we can offer, the better equipped our members will be to attract and retain top talent in Connecticut."
Cigna Corporation (NYSE: CI) is a global health service company dedicated to helping people improve their health, well-being and sense of security. All products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Connecticut General Life Insurance Company, Cigna Health and Life Insurance Company, Life Insurance Company of North America and Cigna Life Insurance Company of New York. Such products and services include an integrated suite of health services, such as medical, dental, behavioral health, pharmacy, vision, supplemental benefits, and other related products including group life, accident and disability insurance. Cigna maintains sales capability in 30 countries and jurisdictions, and has approximately 85 million customer relationships throughout the world. To learn more about Cigna®, including links to follow us on Facebook or Twitter, visit www.cigna.com
About Chamber Insurance Trust
Founded in 1992, Chamber Insurance Trust is a voluntary alliance of all participating Chambers of Commerce across Connecticut, created to combine the buying power of thousands of chamber members. CIT has distinguished itself as a trust expert, provider, and educator on benefit solutions. CIT's complete range of insurance options is designed with input from local Chamber of Commerce executives and members to offer small, mid-sized and large businesses competitively-priced benefit packages. Its mission is to provide consulting and education to the chamber community; inclusive of agents, employers, and employees; on how to confront health care reform.
Other articles in News Releases:
- Cigna Waives Customer Cost-Sharing For COVID-19 Treatment And Deploys Clinical Teams To Increase Virtual Care Capacity
- Cigna Makes It Easier For Hospitals To Focus On COVID-19 By Helping Accelerate Patient Transfers
- Cigna Expands Benefits To Support And Protect Its Workforce In Response To COVID-19
- Cigna Corporation Announces Pricing Terms of Tender Offers for up to $1.45 billion in Aggregate Principal Amount of Outstanding Notes
- Cigna Corporation Announces Early Results of Tender Offers for up to $1.45 billion in Aggregate Principal Amount of Outstanding Notes
- Cigna Takes Additional Actions To Protect Customers And Communities Against COVID-19