In April 2004, health insurer, CIGNA, announced that it had completed the sale of its retirement benefits business to Prudential Financial for $2.1bn cash. The sale, it said, would allow it to focus on its core health insurance operations. The company provides medical benefits through managed care and indemnity health care plans to approximately 11.5m people, dental coverage to 12.1m, behavioural health coverage to 14.2m and pharmacy benefits to 8.9m. The group saw 2003 sales fall 3% to $18.81bn.