Company: CI
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001739940-25-000021
Chunk: 28

Company: Cigna Group
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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6,324 6,452 Market risk benefits30 800 830 25 760 785 891 Unearned premiums793 45 838 753 31 784 836 Total6,480 10,741 17,221 18,510Insurance and contractholder liabilities classified as liabilities of businesses held for sale (1)(1,092)(487)(1,579)(2,081)Total insurance and contractholder liabilities$5,984 $10,309 $16,293 $5,388 $10,254 $15,642 $16,429 (1) Amounts classified as liabilities of businesses held for sale include $983 million of Unpaid claims, $408 million of Future policy benefits, $85 million of Unearned premiums and $103 million of Contractholder deposit funds as of December 31, 2024 and  $1,378 million of Unpaid claims, $427 million of Future policy benefits, $161 million of Unearned premiums and $115 million of Contractholder deposit funds as of March 31, 2024.Insurance and contractholder liabilities expected to be paid within one year are classified as current. 

B.Unpaid Claims and Claim Expenses – Cigna Healthcare

This liability reflects estimates of the ultimate cost of claims that have been incurred but not reported, expected development on reported claims, claims that have been reported but not yet paid (reported claims in process), and other medical care expenses and services payable that are primarily comprised of accruals for incentives and other amounts payable to health care professionals and facilities. 

The total of incurred but not reported liabilities plus expected development on reported claims and reported claims in process was $4.4 billion at March 31, 2025 and $5.4 billion at March 31, 2024. The decrease was driven by the HCSC transaction.

13

Activity, net of intercompany transactions, in the unpaid claims liability for the Cigna Healthcare segment was as follows:Three Months Ended March 31,(In millions)2025 (1)2024 (1)Beginning balance$5,018 $5,092 Less: Reinsurance and other amounts recoverable159 236 Beginning balance, net4,859 4,856 Incurred costs related to:Current year10,606 9,452 Prior years(222)(226)Total incurred10,384 9,226