What is Cigna's u.s. medical — prior years?

Cigna (CI) reported u.s. medical — prior years of $93.00M in Q3 2021.

What does u.s. medical — prior years mean?

Adjustments made to the cost estimates of medical claims from previous years based on actual payment experience.

Discontinued — last reported Q3 '21

U.S. Medical — Prior years

Cigna U.S. Medical — Prior years decreased by 63.5% to $93.00M in Q3 2021 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryRisk

SignalLower is better

VolatilityModerate

First reportedQ1 2018

Last reportedQ3 2021

How to read this metric

Favorable development (a decrease in reserves) suggests conservative initial reserving, while unfavorable development may indicate under-reserving.

Detailed definition

This represents the development of claims reserves from previous reporting periods, reflecting the difference between in...

Peer comparison

Standard actuarial metric used by all insurers to demonstrate reserve adequacy and historical estimation accuracy.

Metric ID: ci_segment_u_s_medical_prior_years

Historical Data

2 periods

	Q2 '21	Q3 '21
Value	$255.00M	$93.00M
QoQ Change	—	-63.5%

Range$93.00M – $255.00M

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Frequently Asked Questions

What is Cigna's u.s. medical — prior years?: Cigna (CI) reported u.s. medical — prior years of $93.00M in Q3 2021.
What does u.s. medical — prior years mean?: Adjustments made to the cost estimates of medical claims from previous years based on actual payment experience.