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Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 11 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.
Earnings call: CVS Health faces challenges, revises 2024 EPS guidance By Investing.com
Investing.com· 4 hours agoThe company announced a revision of its full-year 2024 guidance for adjusted EPS to at least $7,...
Millions of Americans may get their Medicare Advantage benefits cut
Newsweek· 4 hours agoMillions of Americans on Humana's Medicare Advantage plans could see their health care benefits cut...
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
WPRI Providence· 31 minutes agoCVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below...
CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 4 hours agoLynch, who led Aetna before taking over as CEO, has invested heavily in the Medicare business. In addition to aggressively expanding enrollment in...
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 9 hours agoTo blame were soaring Medicare Advantage costs, which have similarly slammed its peers. Shares of...
CVS’s stock suffers biggest drop in 15 years as Medicare Advantage issues weigh on results
Market Watch· 14 hours agoChief Executive Karen Lynch said on the post-earnings call with analysts that “it became apparent”...
CVS stock plunges after earnings numbers one analyst 'did not even believe'
Yahoo Finance· 7 hours ago“Clearly as we look at our trends, at the market trends, we don’t think that the rates sufficiently...
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...
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 8 hours 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...
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