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Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 8 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 stock crashes after Aetna Medicare Advantage hit
TheStreet.com· 9 hours agoCVS echoed rivals in forecasting persistent increases in payouts tied to a surge in post-Covid medical care.
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 5 hours agoOn a call with investors, Lynch said that the company continues to believe that Medicare Advantage...
CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 7 hours agoLynch, who led Aetna before taking over as CEO, has invested heavily in theMedicare business. In addition to aggressively expanding enrollment in
CVS stock plunges after earnings numbers one analyst 'did not even believe'
Yahoo Finance· 4 hours agoFor years, Medicare Advantage (MA) saw increased interest from insurers — the appeal stemming from...
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 5 hours agoThe Medicare Advantage changes were already known about prior to the earnings release, and several health insurance stocks fell weeks ago. However,...
Rising healthcare costs sink 1Q earnings for Aetna parent CVS
Hartford Business Journal· 4 hours agoCVS Health Corp., parent of Hartford-based Aetna Inc., said Wednesday it experienced a dramatic drop...
CVS Health (CVS) Q1 2024 Earnings Call Transcript
Motley Fool via Yahoo Finance· 4 hours agoDespite the recent challenges in Medicare Advantage, we firmly believe the program can remain a compelling offering for seniors and a very attractive...
CVS Stock Is Dirt Cheap. That Doesn’t Make It a Buy.
Barrons.com· 1 hour agoFEATURE Shares of CVS Health just went on sale. But like Valentine’s candy in March, just because something is cheap, that doesn’t make it a good buy....
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
U-T San Diego· 9 hours agoCVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street’s forecast. Shares of the health care giant plunged Wednesday morning after the ...
