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Magic Johnson Joins Forces With Cigna President Mike Triplett to Combat Racial Disparities Amongst Small Businesses

Magic Johnson just teamed up with Cigna to tackle the effects of the global pandemic on LatinX, Black, and woman-owned businesses. According to the LA Sentinel , the basketball legend and president of the U.S. Commercial Business at Cigna, Mike Triplett will lead the conversation on the effects of the pandemic through a roundtable discussion. The collaboration for change seeks to make a ripple effect across the county and eventually the nation. Johnson shares there should be no surprise when it comes to the major differences in impact among ethnicities. “We lost 41% of the members of Black business owners since the pandemic, and 32% decline in Hispanic businesses and then [a] 25% decline in women-owned businesses,” said Johnson. “It’s so important that we first try to keep the doors open for women-owned, Black-owned, and Hispanic-owned businesses.” Cigna’s Triplett also shared his thoughts on the mission of his organization. “As a global health service company, Cigna’s mission is to...

Nov 6, 2020