CIGNA has formed an alliance with Humana to serve employers who provide health care benefits for their employees and retirees. The new alliance will blend CIGNA's consultative approach and single point of contact for clients with Humana’s group medicare advantage products and services.

CIGNA said clients will benefit from a simplified management structure, additional geographic offerings, and a cost-effective solution that addresses full range of benefit needs for their employees and retirees.

The company said that, employees will benefit from CIGNA’s health and wellness programs and service, and retirees will benefit from the scale and breadth of Humana’s medicare offerings. The alliance will address needs of employees as they approach retirement by offering a coordinated solution through the employer.

In addition, the company will continue to offer its suite of group and individual retiree pharmacy solutions, commercial group medical plans that supplement Medicare, and its Arizona medicare advantage HMO health plan, and also full array of commercial medical, dental, pharmacy, disability and behavioral plans.

Humana will continue to offer its array of commercial and medicare advantage health, pharmacy and supplementary benefit plans for employer groups, government programs and individuals.

Sam Srivastava, president of government segments at CIGNA, said: “Through this alliance, we can expand CIGNA’s portfolio, while Humana is able to expand its distribution to a larger base of employer customers for its Medicare Advantage plans.

It’s a winning blend for employers and their retirees who will have access to broad-based, affordable coverage from two companies widely recognized for their service excellence.

Thomas Liston, senior vice president of senior products at Humana, said: “CIGNA and Humana are driving innovation through this unique alliance. We are excited that CIGNA will be exclusively supplementing its retiree offerings with Humana’s Medicare Advantage plans, enabling CIGNA to offer a cost-effective, one-stop solution.”