Profits fell to $200 million, or $0.74 per share, compared to $307 million, or $1.13 per share, in last year's third quarter.
Adjusted earnings of $1.20 per share beat analyst expectations, as did a 7% increase in revenue, to $5.61 billion.
Cigna said earlier in the week it would acquire HealthSpring (NYSE:HS).
Rivals Aetna (NYSE:AET) and WellPoint (NYSE:WLP) both beat analyst expectations with their earnings reports this week.
For MarketNewsVideo.com, I'm Tracey Fitzpatrick.
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