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The Cigna Group Foundation Announces First Grantee Cohort of Health Equity Impact Fund

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The Cigna Group Foundation announced its first round of grant recipients for The Health Equity Impact Fund, allocating $9 million to nonprofits over three years to reduce health disparities. The initial $3 million will be distributed among 15 nonprofits in Hartford, CT, and Houston, TX.

In Hartford, seven organizations will focus on increasing access to culturally appropriate care for Black and Hispanic adults, including health screenings and transportation services. In Houston, eight grantees will work on reducing obesity and diabetes prevalence in Hispanic adults through programs like diabetes reversal, nutrition education, and food accessibility initiatives.

La Fondazione Cigna Group ha annunciato il primo turno di destinatari di sovvenzioni per il Fondo per l'Impatto sulla Salute e l'Equità, allocando 9 milioni di dollari a organizzazioni senza scopo di lucro nel corso di tre anni per ridurre le disparità sanitarie. Il primo 3 milioni di dollari sarà distribuito tra 15 organizzazioni senza scopo di lucro a Hartford, CT, e Houston, TX.

A Hartford, sette organizzazioni si concentreranno sull'aumento dell'accesso a cure culturalmente appropriate per adulti neri e ispanici, incluse le visite mediche e i servizi di trasporto. A Houston, otto beneficiari lavoreranno per ridurre la prevalenza dell'obesità e del diabete tra gli adulti ispanici attraverso programmi come la reversibilità del diabete, l'educazione nutrizionale e le iniziative per la disponibilità alimentare.

La Fundación Cigna Group anunció su primera ronda de beneficiarios de subvenciones para el Fondo de Impacto en Equidad en Salud, alocando 9 millones de dólares a organizaciones sin fines de lucro durante tres años para reducir las disparidades en salud. El primer 3 millones de dólares se distribuirán entre 15 organizaciones sin fines de lucro en Hartford, CT, y Houston, TX.

En Hartford, siete organizaciones se centrarán en aumentar el acceso a atención culturalmente apropiada para adultos negros e hispanos, incluyendo exámenes de salud y servicios de transporte. En Houston, ocho beneficiarios trabajarán para reducir la prevalencia de la obesidad y la diabetes entre los adultos hispanos a través de programas como la reversión del diabetes, educación nutricional e iniciativas de accesibilidad alimentaria.

시그나 그룹 재단은 건강 형평성 영향 기금의 첫 번째 보조금 수령자를 발표하며, 건강 불균형을 줄이기 위해 3년에 걸쳐 비영리 단체에 9백만 달러를 배분한다고 밝혔습니다. 최초의 3백만 달러는 햇포드, CT와 휴스턴, TX의 15개 비영리 단체에 분배될 예정입니다.

햇포드에서는 7개 조직이 흑인 및 히스패닉 성인에게 문화적으로 적합한 치료 접근성을 높이는 데 집중하며, 건강 검진 및 교통 서비스도 제공합니다. 휴스턴에서는 8개 수혜자가 히스패닉 성인 사이에서 비만과 당뇨병의 유병률을 줄이기 위해 당뇨병 역전, 영양 교육 및 식품 접근성 이니셔티브와 같은 프로그램에 참여할 것입니다.

La Fondation Cigna Group a annoncé ses premiers bénéficiaires de subventions pour le Fonds d'Impact sur l'Équité en Santé, allouant 9 millions de dollars à des organisations à but non lucratif sur trois ans pour réduire les disparités en santé. Les premiers 3 millions de dollars seront répartis entre 15 organisations à but non lucratif à Hartford, CT, et Houston, TX.

À Hartford, sept organisations se concentreront sur l'augmentation de l'accès à des soins culturellement appropriés pour les adultes noirs et hispaniques, y compris les dépistages de santé et les services de transport. À Houston, huit bénéficiaires travailleront à réduire la prévalence de l'obésité et du diabète chez les adultes hispaniques par le biais de programmes tels que la réversibilité du diabète, l'éducation nutritionnelle et des initiatives d'accessibilité alimentaire.

Die Cigna Group Foundation hat die ersten Empfänger von Zuschüssen für den Gesundheitsgleichstellungs-Impaktfonds bekannt gegeben und vergibt über drei Jahre 9 Millionen Dollar an gemeinnützige Organisationen zur Verringerung von Gesundheitsdisparitäten. Die ersten 3 Millionen Dollar werden an 15 gemeinnützige Organisationen in Hartford, CT und Houston, TX verteilt.

In Hartford werden sieben Organisationen daran arbeiten, den Zugang zu kulturell angemessener Versorgung für schwarze und hispanische Erwachsene zu erhöhen, einschließlich Gesundheitsuntersuchungen und Transportdiensten. In Houston werden acht Begünstigte daran arbeiten, die Prävalenz von Fettleibigkeit und Diabetes bei hispanischen Erwachsenen durch Programme wie Diabetes-Reversierung, Ernährungsbildung und Initiativen zur Lebensmittelverfügbarkeit zu verringern.

Positive
  • Commitment of $9 million in grants over three years for health equity initiatives
  • Strategic focus on specific geographical areas with significant health inequities
  • Partnership with 15 established local nonprofits for targeted community impact
Negative
  • None.

Insights

The $9 million three-year grant program, while commendable for social impact, represents a minimal financial commitment relative to Cigna's $92.6 billion market cap. The initiative's focus on health equity in Hartford and Houston through $3 million in initial grants demonstrates strategic community engagement but has material impact on company financials or stock performance.

The broader $27 million philanthropic commitment aligns with healthcare industry trends toward addressing social determinants of health and could potentially strengthen Cigna's local market presence and reputation. However, the program's hyper-local focus and modest funding size suggest minimal direct influence on revenue growth or shareholder value. The initiative may yield long-term benefits through improved community relations and brand positioning, but immediate financial impact is negligible.

New grant program to support 15 nonprofits focused on addressing health disparities in Hartford, CT, and Houston, TX

BLOOMFIELD, Conn., Nov. 26, 2024 /PRNewswire/ -- The Cigna Group Foundation, the philanthropic arm of The Cigna Group (NYSE: CI), announced today the first round of grant recipients – comprised of 15 nonprofits across Hartford, CT, and Houston, TX – for The Cigna Group Health Equity Impact Fund. Through this new program, The Cigna Group Foundation will allocate $9 million to nonprofit organizations over the next three years as part of its continuing focus on reducing health disparities.

"The Cigna Group Foundation is committed to advancing health equity in underserved communities, and we are starting this crucial work in Hartford and Houston, where gaps in care can be especially pronounced," said Melissa Skottegaard, board chair of The Cigna Group Foundation. "To reduce these disparities and address the root causes, we will work with local nonprofits to expand access to key resources, including fresh fruits and vegetables, reliable transportation, and culturally appropriate care. By partnering with these 15 incredible organizations within our first round of grants, we can have a greater impact improving the health and vitality of those we serve."

The Cigna Group Health Equity Impact Fund will focus on specific geographies where health inequities are significant and work collaboratively to support, convene, and collaborate with nonprofit organizations serving local community members. The fund will operate on a hyper-local level in select U.S. cities, starting with Hartford, CT, and Houston, TX. The first grantee cohort will receive a total of $3 million across the two cities.

In Hartford, seven grantees were awarded funding: Charter Oak Health Center, Inc., Hartford Public Library, Literacy Volunteers of Greater Hartford (LVGH), Malta House of Care, Inc., The Health Collective, The University of Connecticut Foundation, Inc., and Wheeler Clinic, Inc.

Hartford programs support Black and Hispanic adults ages 18 and older to increase and enable access to culturally appropriate care. Services to be enabled by the funding include:

  • Increasing access to Federally Qualified Health Center appointments beyond urgent care.
  • Increasing access to health screenings and transportation to Hartford Public Library sites.
  • Activating three mobile units with Community Health Workers and additional culturally appropriate staff.
  • Increasing access to vital health screenings through the Healthier Hartford Program (via LVGH).

In Houston, eight grantees were awarded funding: American Heart Association in Houston, Bread of Life, Inc., Hispanic Health Coalition, Lucille's 1913 Community Kitchen, Memorial Assistance Ministries, Precinct2gether, Inc., Second Servings of Houston, and The University of Texas Health Science Center at Houston.

Houston programs support Hispanic adults ages 18 and older to address and reduce the prevalence of obesity and diabetes. Services to be enabled by the funding include:

  • Implementing Lifestyle RX, a diabetes reversal program.
  • Creating pop-up grocery stores in high-need areas.
  • Providing adults with diabetes with nutrition education and access to registered dieticians.
  • Promoting healthy eating through cooking demonstrations conducted in Spanish.
  • Increasing Community Health Worker engagement, in which they can refer community members to fresh food pantries and conduct screenings.

The Cigna Group Foundation recently announced a philanthropic and community engagement initiative that has committed more than $27 million in grants over the next three years to nonprofit organizations focused on improving youth mental health, improving veteran mental health, and reducing barriers to health equity. The Cigna Group Health Equity Impact Fund is part of these grants.

More information on The Cigna Group Health Equity Impact Fund can be found here.

About The Cigna Group
The Cigna Group (NYSE:CI) is a global health company committed to creating a better future built on the vitality of every individual and every community. We relentlessly challenge ourselves to partner and innovate solutions for better health. The Cigna Group includes products and services marketed under Cigna Healthcare, Evernorth Health Services or its subsidiaries. The Cigna Group maintains sales capabilities in more than 30 countries and jurisdictions and has more than 183 million customer relationships around the world. Learn more at thecignagroup.com.

About The Cigna Group Foundation

The Cigna Group Foundation is a private foundation funded by contributions from The Cigna Group (NYSE:CI) and its subsidiaries. The Cigna Group Foundation aims to support, collaborate, and convene with nonprofit organizations addressing society's greatest health challenges. In addition to increasing access to programs and care in geographies demonstrating significant need, the Foundation responds with humanitarian aid relief during critical times and strengthens colleagues' support of causes through matching donations and volunteer rewards. To learn more, visit www.thecignagroup.com/community.

Media Contact
Jocelyn Parker
(313) 510-4173
Jocelyn.Parker@CignaHealthcare.com 

 

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SOURCE The Cigna Group

FAQ

How much is The Cigna Group (CI) investing in the Health Equity Impact Fund?

The Cigna Group Foundation is investing $9 million over three years, with the first round distributing $3 million among 15 nonprofits in Hartford and Houston.

Which cities are targeted in Cigna's (CI) first Health Equity Impact Fund grants?

The first round of grants targets Hartford, Connecticut, and Houston, Texas, with seven and eight nonprofit recipients respectively.

What health issues does Cigna's (CI) Health Equity Impact Fund address in Houston?

In Houston, the fund focuses on addressing and reducing the prevalence of obesity and diabetes among Hispanic adults through various programs including nutrition education and diabetes reversal initiatives.

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