CIGNA CORP
8-K, 2000-08-02
HOSPITAL & MEDICAL SERVICE PLANS
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


         Date of Report (Date of earliest event reported August 1, 2000
                                                         --------------


                                CIGNA Corporation
                                -----------------
             (Exact name of registrant as specified in its charter)



           Delaware                    1-8323                06-1059331
           --------                    ------                ----------
  (State or other jurisdiction      (Commission             (IRS Employer
      of incorporation)              File Number)         Identification No.)

                      One Liberty Place, 1650 Market Street
                      Philadelphia, Pennsylvania 19192-1550
                      -------------------------------------
               (Address of principal executive offices) (Zip Code)

               Registrant's telephone number, including area code:


                                 (215) 761-1000
                                 --------------

                                 Not Applicable
          -------------------------------------------------------------
          (Former name or former address, if changed since last report)

<PAGE>
Item 5.   Other Events.
          ------------

          On August 1, 2000,  the  registrant  issued a news release,  a copy of
which is filed as Exhibit 20 hereto and is incorporated herein by reference.


CAUTIONARY STATEMENT FOR PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE
SECURITIES LITIGATION REFORM ACT OF 1995

          CIGNA and its  representatives  may from time to time make written and
oral  forward-looking  statements,  including  statements  contained  in CIGNA's
filings  with the  Securities  and  Exchange  Commission  and in its  reports to
shareholders.   These  statements  may  contain   information   about  financial
prospects, economic conditions,  trends and known uncertainties.  CIGNA cautions
the  reader  that  actual  results  could  differ  materially  from  those  that
management expects,  depending on the outcome of certain factors. In some cases,
CIGNA describes  uncertainties when offering a forward-looking  statement.  Some
factors that could cause CIGNA's  actual results to differ  materially  from the
forward-looking statements include:

1.   increases in medical  costs in CIGNA's  health care  operations,  including
     increased use and costs of medical services;
2.   increased   medical,   administrative   or  other  costs   resulting   from
     legislative,  regulatory and  litigation  challenges to CIGNA's health care
     business;
3.   heightened competition,  particularly price competition, which could reduce
     product margins and constrain growth in CIGNA's businesses;
4.   significant changes in interest rates;
5.   significant  and  sustained  stock  market  declines  resulting in payments
     contingent on certain variable annuity account values;
6.   significant  deterioration  in  economic  conditions,  which  could have an
     adverse effect on CIGNA's investments; and
7.   proposals to change federal income taxes.

This list of important factors may not be complete.  CIGNA does not undertake to
update any  forward-looking  statement that may be made by or on behalf of CIGNA
prior to the next required filing with the Securities and Exchange Commission.


Item 7.   Financial Statements and Exhibits.
          ----------------------------------

          (c)  The  exhibit  accompanying  this report is listed in the Index to
               Exhibits.

<PAGE>


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.




                                                    CIGNA CORPORATION



Date:  August 2, 2000                               By: /s/ James A. Sears
                                                        ------------------------
                                                        James A. Sears
                                                        Vice President and
                                                        Chief Accounting Officer

<PAGE>
                                Index to Exhibits
                                -----------------

Number                     Description                          Method of Filing
------                     -----------                          ----------------

20                         CIGNA Corporation                    Filed herewith
                           news release dated
                           August 1, 2000




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