COVID Stimulus Watch Individual Entry

Recipient Company:
Cigna Corp
Loan or Loan Guarantee Amount:
$2,201,801

Recipient Details

Ownership Structure: publicly traded (ticker symbol CI)

Award Details

Award Date: Nov 20, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Cigna
Headquartered in: Connecticut
Parent Sector: healthcare services
Parent Industry: insurance; managed care
Employees (prior to pandemic): 73,700

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $44,162,856
Contracting icon
Government-contracting-related Penalties: $8,403,500
Environment icon
Environmental / Healthcare / Safety Penalties: $3,752,003
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $75,841,938
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 307 to 1
CEO Compensation: $19,303,032
Worker Median Pay: $62,946
Tax icon
Total Federal, State, and Local Subsidies: $162,092,842
Federal Corporate Income Tax Rate: 26.8%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources