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Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 5 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.
Rising healthcare costs sink 1Q earnings for Aetna parent CVS
Hartford Business Journal· 1 hour agoCVS Health Corp., parent of Hartford-based Aetna Inc., said Wednesday it experienced a dramatic drop...
CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 4 hours agoEARNINGS Last fall, CVS Health made seniors an enticing offer: If they signed up for the company’s Aetna Medicare plans, they could score free pickleball...
CVS Stock Tumbles After Big Medicare Bet Hits Results
The Wall Street Journal· 5 hours agoLast fall, CVS Health made seniors an enticing offer: If they signed up for the company’s Aetna ...
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 2 hours agoOn a call with investors, Lynch said that the company continues to believe that Medicare Advantage...
CVS stock crashes after Aetna Medicare Advantage hit
TheStreet via Yahoo Finance· 6 hours agoCVS (CVS) , as well as its rivals in the health insurance sector, is seeing huge increases in medical payouts...payouts against the premiums it collects,...
CVS stock plunges after earnings numbers one analyst 'did not even believe'
Yahoo Finance· 36 minutes agoThe gross margin is the difference between premiums collected and claims paid. Brian Kane, president...
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist - WTOP News
WTOP Washington· 6 hours agoShares of the health care giant plunged Wednesday morning after the company said it was still...
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 2 hours agoCVS also trimmed its revenue guidance, but the market's focus was on its lower profits and bottom-line weakness. The Medicare Advantage changes were...
CVS cuts annual profit forecast and flags challenges in 2025, shares fall 18% By Reuters
Investing.com· 8 hours agoThe U.S. healthcare conglomerate said it now expects 2024 adjusted earnings of at least $7.00 per...