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Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 2 days 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· 2 days 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...
Dignity Health, Aetna reach agreement on new contract
KSBY San Luis Obispo· 7 days agoDignity Health and Aetna have reportedly reached an agreement on a new contract. In early April,...
Analysts revise CVS stock targets after Aetna Medicare Advantage earnings plunge
TheStreet.com· 10 hours agoHere's what could happen next to CVS Health shares. "We have a track record of successfully navigating complex industry pressure, and we’ll continue to demonstrate our resilience," the president ...
Aramark Suit Over Aetna’s Health Claims Exempt From Arbitration
Bloomberg Law· 4 days agowill move forward in court after a federal judge rejected the insurer’s effort to have the case sent to arbitration. The contract between Aetna and Aramark includes a mandatory ...
CVS stock crashes after Aetna Medicare Advantage hit
TheStreet via Yahoo Finance· 2 days agoMedical-cost ratios are a key profitability metric that measures an insurer's payouts against the premiums it collects, for the industry's biggest...
Medicaid disclosure unfairly benefits Aetna, rival insurers say
Modern Healthcare· 3 days agoTexas gave two consultancies and a law firm a sneak peek into how managed care companies bid to run Texas’ $116 billion Medicaid program, which some insurers contend gave CVS Health's
State’s premature release of bid proposal info touches off new battle over $116 billion in Medicaid...
Temple Daily Telegram· 3 days agoAetna, which is set to win a multibillion Texas Medicaid contract, got a peek at sensitive...
CVS cuts annual profit forecast and flags challenges in 2025, shares fall 18%
Reuters via Yahoo News· 2 days agoCVS said it anticipates the surge in medical procedures that fueled higher costs for its Aetna...
CVS cuts 2024 profit forecast as insurance unit faces soaring medical costs
Reuters· 2 days agoThe U.S. healthcare giant cut its per-share adjusted earnings forecast for 2024 to at least $7.00...