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CVS's stock suffers biggest drop in 15 years as Medicare Advantage issues weigh on results
Morningstar· 4 days agoShares of CVS Health Corp. plunged Wednesday toward their biggest selloff in 15 years, after the pharmacy and healthcare-services company missed first-quarter earnings expectations as the < ...
CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 4 days agoLynch, who led Aetna before taking over as CEO, has invested heavily in the Medicare business. In addition to aggressively expanding enrollment in...
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
Seattle Times· 4 days agoShares of the health care giant plunged Wednesday morning after the company said it was still...
CVS plummets as rising medical costs hit profit forecast
Crain s Chicago Business· 3 days agoCompanies including Humana Inc. and UnitedHealth Group Inc. that sell Medicare Advantage plans — private versions of the US government health program for ...
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 4 days agoHowever, the main problem was in its healthcare benefits segment, where revenue rose 24.6% to $32.2 billion, but costs soared much faster due to...
Cigna Medicare Advantage sale advances as company raises outlook
Modern Healthcare· 3 days agoCigna Group has taken a big step forward to exit the Medicare Advantage business, a strategy that may pay off given industry headwinds. The Justice Department ...
Medicare Advantage costs cited as CVS Health drops | Northwest Arkansas Democrat-Gazette
Northwest Arkansas Democrat Gazette· 4 days agoCVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below...
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
ClickOnDetroit· 4 days agoShares of the health care giant plunged Wednesday morning after the company said it was still...
Learning About Upcoming Changes to Medicare
1011 News· 5 days agoComing up in year 2025, there’s going to be a cap as to how much a person will spend on their co-payments in Medicare, and that cap is $2,000. There are...
CVS cuts annual profit forecast and flags challenges in 2025, shares fall 18%
Reuters via Yahoo News· 4 days ago(Reuters) -CVS Health Corp slashed its annual profit forecast on Wednesday and flagged challenges...