Did you anyone receive them email that was sent out this morning about Cigna getting rid of IFP plans starting in 2027? What does this mean for our jobs? If Cigna is no longer offering IFP PLANS starting 2027, does this mean employees in that department will also be fired? I’m just trying to understand all of this.
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No doubt the gremlins are busy realigning all of us they hate most with ifp somehow to have a reason to point to when they fire us
@as it was literally announced on the earnings call - google it, those are all released publicly post call.
Evicore’s “strategic alternatives” can include a wide range of options. I am leaning more on the 3 scenarios below. Evanko isn’t talking about organic growth or entering new markets.
If anything, Cigna has been offloading, they divested MA now ending IFP in 2027…
Restructuring or cost optimization
Divestitures or selling
Turnaround or liquidation strategies
Why are people commenting about EviCore? OP asked about IFP. Try to stick to one topic.
IFP is being shut down and Cigna is planning to sell EviCore. Keep the two straight.
Yes, everyone’s job in IFP is absolutely at risk. The business is being shut down and will cease to exist. And, unlike CGI, I don’t think Cigna will sell it to anyone. It’s not worth anything and the membership is small.
Does this affect the business of authorizations UM departments with Medicare reviews?
Can someone type out in here what the email said?
Town hall is next week hopefully we get more answers. However for sure looking like the end of the road for us.
@a6 Divestiture appears certain, based off the note near the end about portfolio shaping strategy history.
“Reviewing strategic alternatives for EviCore” Assuming a sale is looming?
IFP was garbage since its inception.
AI is about to take over evicore’s role.
You don’t need employees to run an offering that will cease to exist.
It means Evicore is gone. Anyone in that area should not ignore or assume things will be okay. They won't, and the email from Brian was your wakeup call.
I received it was well. Not sure what it means for those of us left with evicore, I would assume more layoffs inbound