Herbert Fritch, who founded the company that would become CignaHealthSpring and grew it into one of the nation’s largest Medicare Advantage plans, will retire as president effective Nov. 11. M. Shawn
Morris, COO of Cigna-HealthSpring, the Cigna unit offering Medicare Advantage and Part D plans, will become interim president.
Fritch founded Nashville-based HealthSpring in 2000. In 2012, Cigna, acquired HealthSpring. The $3.8 billion deal marked a major Cigna expansion into senior and Medicare service lines. Fritch was chairman and CEO of HealthSpring before the merger.