Who Bought Cigna HSA? - Exploring the Ownership of Cigna Health Savings Account

When it comes to the ownership of Cigna HSA, it is important to understand the background and current status of this popular health savings account.

Several key players have been involved in the evolution of Cigna HSA, one of which stands out prominently:

Express Scripts Acquired Cigna HSA

In March 2018, Express Scripts, a major pharmacy benefits manager and healthcare company, acquired Cigna, including its health savings account business. This acquisition marked a significant development in the healthcare industry and had implications for those with Cigna HSAs.

Express Scripts' acquisition of Cigna brought about changes in the management and services associated with Cigna HSA. As a result, individuals holding Cigna HSAs found themselves under the ownership and administration of Express Scripts.

Implications for Cigna HSA Holders

For individuals with Cigna HSAs, the acquisition by Express Scripts meant a transition in terms of service providers and potentially new offerings. It was crucial for account holders to stay informed about any changes and updates related to their HSAs.

Despite the acquisition, Cigna HSA remained a valuable tool for healthcare savings and investment, providing account holders with a tax-advantaged way to save for medical expenses both now and in the future.

Conclusion

In conclusion, the ownership of Cigna HSA was transferred to Express Scripts following the acquisition in March 2018. This change brought about adjustments for account holders but maintained the essential benefits and advantages of utilizing a health savings account for managing healthcare costs.

The journey of Cigna HSA ownership has been marked by significant changes, primarily since the acquisition of the health savings account business by Express Scripts in March 2018, which brought about new opportunities for account holders.