Cigna(CI) - 2023 Q1 - Quarterly Report

Pharmacy and other service costs increased 6%, reflecting higher specialty claims volume as well as inflation on, and higher sales of, branded drugs. Medical costs and other benefit expenses increased 9%, primarily reflecting an increased insured customer base (primarily within our Individual business) and trend in Cigna Healthcare, partially offset by the impact of the Chubb transaction. Interest expense and other increased 20%, primarily reflecting higher interest rates on our indebtedness and increased p ...