Chesapeake Regional Healthcare and Cigna Healthcare Reach an Agreement
CHESAPEAKE, Va. – Chesapeake Regional Healthcare and Cigna Healthcare have reached mutually agreed upon terms regarding reimbursement rates and services. The newly negotiated contract allows members covered by Cigna Healthcare’s employer-sponsored insurance plan to receive services at all Chesapeake Regional Healthcare locations and practices. The new two-year agreement is effective through July 31, 2025.
The two parties have been negotiating terms since January.
“I am very satisfied that our efforts have resulted in mutually beneficial terms,” said Reese Jackson, President & CEO of Chesapeake Regional Healthcare. “This is what we hoped for—to reach an accord that supports community members so that they may receive care close to home or work.”
Chesapeake Regional remains committed to the region and will continue to make sizeable investments in critical care, obstetrics, cancer care and open-heart surgical services to provide innovative health care for its community.
“We are pleased to reach agreement with Chesapeake Regional to continue providing quality, affordable in-network care to our customers in the community,” said Elizabeth Malley-Lowe, Cigna Healthcare Vice President of Contracting and Network Management. “Together we will work to improve the health and vitality of the people we serve.”