Express Scripts is owned by Cigna Corporation , a major U.S. health services company, and operates within Cigna’s Evernorth health services division.

Who owns Express Scripts?

  • Express Scripts has been a direct subsidiary of Cigna since Cigna acquired it in a multibillion‑dollar deal completed in December 2018.
  • Today it functions as Cigna’s pharmacy benefit management (PBM) arm, often branded under Cigna’s Evernorth health services platform.
  • In practical terms, that means Express Scripts is not a standalone public company anymore; its ultimate owners are Cigna’s shareholders.

Quick timeline

  1. Before 2018: Express Scripts was an independent, publicly traded PBM headquartered in the St. Louis area.
  1. March 2018: Cigna announced a deal to buy Express Scripts in a transaction valued at tens of billions of dollars.
  1. December 20, 2018: The acquisition closed, and Express Scripts became a Cigna subsidiary.
  1. 2020s: Cigna organized many of its health‑services operations, including Express Scripts, under the Evernorth brand, but Express Scripts continues as the PBM business.

Current context and latest news

  • Express Scripts remains one of the largest PBMs in the U.S. and is frequently referenced in policy and regulatory discussions because of its scale and role in drug pricing.
  • In early 2026, federal regulators described Express Scripts as being “owned by Cigna” in the context of a high‑profile settlement over insulin pricing, reinforcing that Cigna is still the parent company.

Information gathered from public forums or data available on the internet and portrayed here.