What is Cigna's medicare advantage — premiums?

Cigna (CI) reported medicare advantage — premiums of $0 in Q2 2026.

What does medicare advantage — premiums mean?

This metric represents the total revenue generated from insurance premiums collected for Medicare Advantage plans, which provide private-sector alternatives to traditional government-sponsored Medicare coverage. It reflects the company's market penetration and scale within the senior and disabled healthcare insurance market. Monitoring this figure helps investors assess the segment's growth trajectory and its competitive standing relative to other major health insurers in the government-sponsored program space.

Cigna (CI) Medicare Advantage — Premiums

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Other product segments

Employer insured

$4.99B+6.5%

Stop loss

$2.14B+13.8%

Individual and Family Plans

$860M-8.6%

Other

$525M+13.6%

Similar metrics at other companies

TRVAutomobile — Premiums

$2.95B+0.1%

JXNLife — Premiums

$22.75M-11.7%

HUMProduct — Premiums

$38.83B+26.4%

TRVOther — Premiums

$60M+1.7%

APOReconciling items — Premiums

$7M+16.7%

APOWhole Life — Premiums

$91M+78.4%

Other financials

Income statement

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Revenue$71.7B+6.7%

Gross profit$15.0B+7.6%

Operating income$2.7B+16.0%

Net income$1.7B+1.7%

EPS (diluted)$6.29+10.2%

Balance sheet

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Cash & equivalents$6.3B+45.5%

Total debt$31.9B—

Total equity$42.6B+6.0%

Total assets$157.08B+3.6%

Cash flow

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Operating cash flow$1.1B-41.1%

Valuation

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Market cap$71.48B-0.8%

Enterprise value$97.06B—

P/E11.5×-1.9×

P/S0.3×0.0×

Profitability

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Gross margin20.6%-3.7pp

Operating margin3.5%+0.1pp

Net margin2.2%+0.1pp

FCF margin5.5%—

Returns & leverage

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Return on equity15%+1.8pp

Debt / equity0.7×—

Current ratio0.8×+0.1×

Where this comes from

Reported directly by Cigna in its filing.

Tagged under the XBRL concept us-gaap:PremiumsEarnedNet.

The source filing: Cigna’s 10-Q, filed July 30, 2026.

Filed: Jul 30, 2026, 12:37 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001739940-26-000065

(In millions, except per share amounts)	Three Months Ended June 30, 2026	Three Months Ended June 30, 2025	Six Months Ended June 30, 2026	Six Months Ended June 30, 2025
Revenues
Pharmacy revenues	$57,172	$53,649	$111,209	$102,282
Premiums	9,859	9,156	19,671	21,892
Fees and other revenues	4,365	4,137	8,808	8,032
Net investment income	272	236	474	474
TOTAL REVENUES	71,668	67,178	140,162	132,680
Benefits and expenses
Pharmacy and other service costs	56,703	53,268	110,803	101,666

Item 1. Financial Statements (Unaudited)

FAQ

What is Cigna's medicare advantage — premiums?: Cigna (CI) reported medicare advantage — premiums of $0 in Q2 2026.
What does medicare advantage — premiums mean?: This metric represents the total revenue generated from insurance premiums collected for Medicare Advantage plans, which provide private-sector alternatives to traditional government-sponsored Medicare coverage. It reflects the company's market penetration and scale within the senior and disabled healthcare insurance market. Monitoring this figure helps investors assess the segment's growth trajectory and its competitive standing relative to other major health insurers in the government-sponsored program space.