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Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 6 hours agoAetna is eying benefit cuts and other measures to lift Medicare Advantage profit margins from -3% to at least 4% over the next few years, CVS Health executives said.
CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 5 hours agoEARNINGS Last fall, CVS Health made seniors an enticing offer: If they signed up for the company’s Aetna Medicare plans, they could score free pickleball...
CVS Stock Tumbles After Big Medicare Bet Hits Results
The Wall Street Journal· 6 hours agoLast fall, CVS Health made seniors an enticing offer: If they signed up for the company’s Aetna ...
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 4 hours agoOn a call with investors, Lynch said that the company continues to believe that Medicare Advantage...
Rising healthcare costs sink 1Q earnings for Aetna parent CVS
Hartford Business Journal· 3 hours agoCVS Health Corp., parent of Hartford-based Aetna Inc., said Wednesday it experienced a dramatic drop...
CVS stock plunges after earnings numbers one analyst 'did not even believe'
Yahoo Finance· 2 hours agoThe gross margin is the difference between premiums collected and claims paid. Brian Kane, president...
CVS stock crashes after Aetna Medicare Advantage hit
TheStreet.com· 7 hours agoCVS echoed rivals in forecasting persistent increases in payouts tied to a surge in post-Covid medical care.
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist - WTOP News
WTOP Washington· 8 hours agoShares of the health care giant plunged Wednesday morning after the company said it was still...
CVS cuts annual profit forecast and flags challenges in 2025, shares fall 18% By Reuters
Investing.com· 9 hours agoThe U.S. healthcare conglomerate said it now expects 2024 adjusted earnings of at least $7.00 per...
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 3 hours agoCVS also trimmed its revenue guidance, but the market's focus was on its lower profits and bottom-line weakness. The Medicare Advantage changes were...