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Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 1 day agoAetna is eyeing 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· 21 hours agoShe added that the diversity of CVS’s businesses—which include its huge pharmacy benefit manager and its eponymous drugstores as well as Aetna—positioned...
CVS plummets as rising medical costs hit profit forecast
Crain s Chicago Business· 2 hours agoHumana pulled its 2025 guidance last week as...changes in the program clouded its outlook. While similar challenges prompted CVS to cut its 2024 guidance last quarter, investors had believed ...
CVS cuts annual profit forecast and flags challenges in 2025, shares fall 18%
Reuters via AOL· 1 day ago(Reuters) -CVS Health Corp slashed its annual profit forecast on Wednesday and flagged challenges...
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 1 day agoAetna is the company’s health insurance division. Medicare Advantage spending has wreaked havoc in...
State’s premature release of bid proposal info touches off new battle over $116 billion in Medicaid...
WFAA Dallas-Fort Worth· 6 days agoNeither officials with HHS nor those representing Aetna’s Medicaid division – Aetna Better Health...
Medicare Advantage costs cited as CVS Health drops | Northwest Arkansas Democrat-Gazette
Northwest Arkansas Democrat Gazette· 11 hours agoCVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below...
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 1 day agoThe Medicare Advantage changes were already known about prior to the earnings release, and several health insurance stocks fell weeks ago. However,...
CVS stock plunges after earnings numbers one analyst 'did not even believe'
AOL· 1 day agoCVS (CVS) disappointed Wall Street Wednesday by missing revenue estimates and revising down its 2024 guidance, and expects to raise insurance plan prices ...
CVS posts big earnings miss, cuts profit outlook on higher medical costs
CNBC· 1 day agoCVS Health on Wednesday reported first-quarter revenue and adjusted earnings that missed expectations and slashed its full-year profit outlook, citing higher medical costs ...
