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Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 1 day 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· 19 hours agoAetna and CVS Health over time.” She added that the diversity of CVS’s businesses—which include its huge pharmacy benefit manager and its eponymous...
CVS stock crashes after Aetna Medicare Advantage hit
TheStreet via Yahoo Finance· 1 day agoCVS (CVS) , as well as its rivals in the health insurance sector, is seeing huge increases in medical payouts as more Americans, typically those of...
Medicare Advantage costs cited as CVS Health drops | Northwest Arkansas Democrat-Gazette
Northwest Arkansas Democrat Gazette· 9 hours agoCVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below...
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 24 hours agoAetna is the company’s health insurance division. Medicare Advantage spending has wreaked havoc in...
CVS stock plunges after earnings numbers one analyst 'did not even believe'
AOL· 22 hours agoThe healthcare giant reported $88.4 billion in revenue in the first quarter, up 3.7% year over year, but missed Wall Street’s expectation of $89 billion. Higher utilization of healthcare services ...
CVS Plummets as Rising Medical Costs Hit Profit Forecast
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- CVS Health Corp. shares tumbled the most in nine years after the company cut its...
Best Medicare Advantage Plans in Maryland 2024 - NerdWallet
Nerdwallet· 3 days agoThere are several companies selling Medicare Advantage plans in Maryland. See which ones have plans...
CVS cuts 2024 profit forecast as insurance unit faces soaring medical costs
AOL· 1 day ago(Reuters) -CVS Health Corp slashed its annual profit forecast and missed Wall Street estimates for first-quarter earnings on Wednesday, as elevated demand for medical procedures fueled higher ...
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 24 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...