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Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 13 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 Health (CVS) Q1 2024 Earnings Call Transcript
Motley Fool via Yahoo Finance· 9 hours agoWhile we strive to deliver benefit stability to seniors, we will be adjusting plan-level benefits and exiting counties as we construct our bids for 2025....
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
Houston Chronicle· 10 hours agoCVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below...
CVS slashes 2024 outlook — again — as Medicare seniors drive spending
Healthcare Dive· 19 hours ago“Clearly this is a disappointing result for us,” CFO Tom Cowhey said on a Wednesday call with investors, after which CVS’ stock fell more than 19%. The quarter was “burdened by utilization pressures ...