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CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 6 days agoMedicare Advantage spending has wreaked havoc in the health-insurance business this year. Before...
CVS stock crashes after Aetna Medicare Advantage hit
TheStreet via Yahoo Finance· 7 days agoMedical-cost ratios are a key profitability metric that measures an insurer's payouts against the...s medical-cost ratio at around 89.8%, a...
Alignment Healthcare Posts Loss Even As Medicare Advantage Enrollment Soars
Forbes· 6 days agoAlignment Healthcare Thursday reported a net loss in its first quarter of $46.5 million as the...
Feds finish reviewing HCSC's deal to buy Cigna's Medicare business
Crain s Chicago Business· 4 days agoCVS Health’s insurance subsidiary Aetna has launched a multi-year plan to boost profit margins after recording $900 million in higher-than-anticipated medical costs during the first quarter.
Cigna sees strong annual profit on lower costs, pharmacy benefit strength
Reuters via Yahoo Finance· 6 days agoThe company now expects an adjusted profit of at least $28.40 per share in 2024, up 15 cents from its previous forecast. Cigna's forecast lift comes in contrast to CVS Health , which slashed ...
CVS Stock Discovers a Medicare Disadvantage
Barrons.com· 4 days agoShares in the drug chain and health insurer lost 19% after missing earnings and slashing guidance. The culprit: Costs for its Medicare Advantage plans.
CVS Plummets as Rising Medical Costs Hit Profit Forecast
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- CVS Health Corp. shares tumbled the most in nine years after the company cut its...
CVS acquires Medicare Advantage broker Hella Health
Healthcare Dive· 7 days agoCVS Health has acquired startup Medicare Advantage broker Hella Health, according to a LinkedIn post from Hella’s chief executive officer. The acquisition ...
CVS stock crashes after Aetna Medicare Advantage hit
TheStreet.com· 7 days agoCVS echoed rivals in forecasting persistent increases in payouts tied to a surge in post-Covid medical care.
CVS Health Dives To 3-Year Low On Medicare Cost Surge
Investor's Business Daily· 7 days agoCVS earnings tumbled more than expected on a surge in Medicare costs.