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Cigna’s 4Q profit jumps 40 pct, enrollment rises
San Francisco Chronicle

Managed care company Cigna Corp.’s fourth-quarter net income climbed 40 percent, as it reversed an enrollment slide and recorded better-than-expected growth in several business segments. Cigna, the fourth-largest health insurer based on enrollment, said Thursday its medical membership climbed 4 percent to 11.4 million people compared to the final quarter of 2009, when it fell more than 5 percent. That contributed to a 20 percent increase in premiums and fees in health care, the Philadelphia insurer’s largest segment.