BLOOMFIELD, Conn., Jan. 16, 2007 /PRNewswire-FirstCall/ -- CIGNA
HealthCare announced today that Eric Elliott will be re-joining CIGNA to
become the president of CIGNA Pharmacy Management (CPM), effective January
17, 2007. In this role, Elliott will lead all aspects of CPM and CIGNA
Tel-Drug, CIGNA's home-delivery and specialty pharmacy, reporting directly
to David Cordani, president, CIGNA HealthCare.
"We're very pleased that Eric has chosen to return to CIGNA. He brings
a depth of experience to this role that makes him ideally suited to lead
our pharmacy benefits management business," said Cordani. "His varied
business background in health care and pharmacy management experience will
enhance our ability to help improve the health care of our members, while
his aggressive and innovative business leadership will help clients and
members obtain the maximum value from their pharmacy benefits."
Elliott's career spans more than two decades of senior leadership
experience in the health care industry where he helped companies grow by
creating new business while accelerating growth within existing businesses.
Most recently, he held senior executive positions at Aetna, leading their
pharmacy and limited benefit/voluntary businesses. Prior to that, he ran
product, sales and e-business for CIGNA Pharmacy Management while leading
CIGNA's Tel-Drug business. He also held leadership roles at PCS
HealthSystems and Rite Aid Corporation.
In accepting the position, Elliott said, "It's a pleasure to come back
and work with such dedicated and committed people who have worked to put
CPM on the leading edge of developing real pharmacy benefit alternatives.
CIGNA was among the first pharmacy benefit management (PBM) companies to
adopt three- tier formularies to provide member choice in selecting
medications, and one of the first PBMs to develop integrated medical,
pharmacy and behavioral programs that increase medication compliance while
controlling costs."
Elliott received his bachelor's degree in management and finance and an
MBA degree with a focus in accounting and marketing from Temple University
in Philadelphia. He lives in Avon, CT with his wife and three children.
CIGNA HealthCare, based in Bloomfield, CT, provides medical benefits
plans, dental coverage, behavioral health coverage, pharmacy benefits and
products and services that integrate and analyze information to support
consumerism and health advocacy. "CIGNA HealthCare" refers to certain
operations of Connecticut General Life Insurance Company, which is an
operating subsidiary of CIGNA Corporation (NYSE: CI). Products and services
are provided by such operating subsidiaries, and not by CIGNA Corporation.
For more information, visit http://www.cigna.com.
CIGNA Pharmacy Management (CPM) refers to various operating
subsidiaries of CIGNA Corporation (NYSE: CI). Products and services are
provided by these subsidiaries and not by CIGNA Corporation. These
subsidiaries include Connecticut General Life Insurance Company, Tel-Drug,
Inc., Tel-Drug of Pennsylvania, L.L.C., and HMO or service company
subsidiaries of CIGNA Health Corporation. For more information:
http://www.cigna.com.
SOURCE CIGNA HealthCare
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CONTACT: Lindsay Shearer, CIGNA HealthCare, +1-603-268-7721, Lindsay.Shearer@CIGNA.com
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