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CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 6 hours 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...
Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 14 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.
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 11 hours agoAetna is the company’s health insurance division. Medicare Advantage spending has wreaked havoc in...
CVS stock crashes after Aetna Medicare Advantage hit
TheStreet via Yahoo Finance· 15 hours agoCVS (CVS) , as well as its rivals in the health insurance sector, is seeing huge increases in medical payouts as more Americans, typically those of...
CVS plummets as rising medical costs hit profit forecast - The Boston Globe
The Boston Globe· 7 hours agoCVS Health Corp. shares tumbled the most in nine years after the company cut its annual earnings...
CVS stock plunges after earnings numbers one analyst 'did not even believe'
Yahoo Finance· 10 hours agoThe gross margin is the difference between premiums collected and claims paid. Brian Kane, president...
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 11 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 2024 profit forecast as soaring medical costs hit insurance unit
Reuters via Yahoo Finance· 17 hours agoThe U.S. healthcare giant cut its per-share adjusted earnings forecast for 2024 to at least $7.00 from at least $8.30, adding it anticipates the surge in medical procedures at its unit that ...
CVS cuts 2024 profit forecast as insurance unit faces soaring medical costs
AOL· 15 hours ago(Reuters) -CVS Health Corp slashed its annual profit forecast and missed Wall Street estimates for first-quarter earnings on Wednesday, as elevated demand for medical procedures fueled higher ...
Best Medicare Advantage Plans in Georgia 2024 - NerdWallet
Nerdwallet· 2 days agoNearly a dozen companies sell Medicare Advantage plans in Georgia. See which ones have plans that...