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CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 25 minutes agoTo blame were soaring Medicare Advantage costs, which have similarly slammed its peers. Shares of...
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 23 minutes agoHowever, the main problem was in its healthcare benefits segment, where revenue rose 24.6% to $32.2 billion, but costs soared much faster due to...
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
San Francisco Chronicle· 37 minutes agoCVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below...
Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 3 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’s stock suffers biggest drop in 15 years as Medicare Advantage issues weigh on results
Market Watch· 6 hours agoChief Executive Karen Lynch said on the post-earnings call with analysts that “it became apparent”...
CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 2 hours agoLynch, who led Aetna before taking over as CEO, has invested heavily in the Medicare business. In addition to aggressively expanding enrollment in...
Stock market today: Wall Street drifts as it waits to hear from the Federal Reserve on rates
San Francisco Chronicle· 35 minutes agoJones Industrial Average was up 99 points, or 0.3%, as of 12:09 p.m. Eastern time, and the Nasdaq...
CVS Plummets as Rising Medical Costs Hit Profit Forecast
Bloomberg via Yahoo Finance· 1 hour ago(Bloomberg) -- CVS Health Corp. shares tumbled the most in nine years after the company cut its...
CVS stock crashes after Aetna Medicare Advantage hit
TheStreet.com· 4 hours agoCVS echoed rivals in forecasting persistent increases in payouts tied to a surge in post-Covid medical care.
Best Medicare Advantage Plans in Maryland 2024 - NerdWallet
Nerdwallet· 2 days agoThere are several companies selling Medicare Advantage plans in Maryland. See which ones have plans...
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