{"id":412833,"date":"2021-01-12T07:33:37","date_gmt":"2021-01-12T12:33:37","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=412833"},"modified":"2021-01-12T07:33:37","modified_gmt":"2021-01-12T12:33:37","slug":"new-cigna-study-shows-integrated-medical-pharmacy-and-behavioral-benefit-design-delivers-better-health-outcomes-and-improves-affordability","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-cigna-study-shows-integrated-medical-pharmacy-and-behavioral-benefit-design-delivers-better-health-outcomes-and-improves-affordability\/","title":{"rendered":"New Cigna Study Shows Integrated Medical, Pharmacy and Behavioral Benefit Design Delivers Better Health Outcomes and Improves Affordability"},"content":{"rendered":"
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– Annual cost savings greater than $6,700 for patients with an oncology diagnosis.<\/h2>\n

– Connecting physical and mental health delivers better engagement, outcomes, and lowers costs.<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n BLOOMFIELD, Conn.<\/span>, Jan. 12, 2021<\/span> \/PRNewswire\/ —\u00a0Taking a whole-person approach to health by integrating Cigna medical, pharmacy and behavioral benefits drives better health engagement, outcomes and lowers total health care costs, according to Cigna’s fifth annual Value of Integration<\/a>\u00a0<\/i>study, released today. This year’s findings are based on a two-year analysis of more than 2.2\u00a0million customer medical claims from Cigna customers who receive coverage through their employer.<\/p>\n

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“Employers continue to find great value, both for their organization and their workforce, by offering fully integrated benefits that make health care simple, more predictable and ultimately more affordable, while best supporting individuals’ physical and mental health,” said\u00a0Matt Totterdale, senior vice president, Cigna Pharmacy.\u00a0 “With over 30 years of designing and building our benefits to work together as one, we’re able to see every step of our customers’ health journey \u2014 anticipating needs, engaging our customers and their providers early and providing individualized, one-on-one ongoing support, which is increasingly important as more patients are relying on virtual care during COVID-19.”<\/p>\n

\n Integrated benefits reduces costs<\/b>\n <\/p>\n

The study shows that employers with Cigna’s integrated medical, pharmacy and comprehensive behavioral benefits continue to see meaningful savings in total medical costs, as compared to those with standalone medical and pharmacy coverage. According to the study, on average, Cigna clients recognized savings of $227<\/span> annually per customer1<\/sup>.\u00a0 For individuals identified as having a health improvement opportunity, average cost savings increase to $4<\/span>,741\u00a0annually per customer. <\/p>\n

Savings can be even more significant when looking at customers living with high-cost conditions. The study shows total medical cost savings of more than\u00a0$6,700\u00a0for individuals with an oncology diagnosis and more than\u00a0$2,700 for individuals with a diabetes diagnosis.<\/p>\n

“Through effective contracting with pharmaceutical manufacturers, collaborating with providers, proactively engaging customers and acting on real-time data and insights, we’re able to get ahead of gaps in care and drive meaningful interventions,” said Totterdale. “We are by their side, helping them take steps to achieve their best health \u2014 body and mind. This total health care approach eliminates those gaps, helping to protect against surprise costs and driving better outcomes for our customers.”<\/p>\n

\n Integrated benefits increases engagement <\/b>\n <\/p>\n

According to the study, Cigna’s integrated customers are significantly more engaged in their health and experience greater opportunity for improved health outcomes. In fact, the study found: <\/p>\n