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Federal authorities have signed off on an Illinois program that will launch later this year to link Medicare and Medicaid coverage for more than 135,000 patients on both government health programs.The approval solidifies a demonstration program that promises new business for several health insurers--including Molina Healthcare Inc. (MOH), Centene Corp. (CNC), Aetna Inc. (AET), Humana Inc. (HUM) and Cigna Corp. (CI)--picked by the state last November to cover so-called dual-eligible patients. Insurers are slated to start coordinating care for dual patients in the Chicago area and central Illinois in October.The state is one of about two dozen aiming to test ways to better cover patients who qualify for both Medicare and Medicaid due to age or disability, plus lack of financial resources. The states' goal--working with the federal government with some help from the health-care overhaul law--is to streamline a sometimes-confusing system while improving care and restraining costs.Friday's ...
Hospital stocks surged while big health insurers slumped following President Barack Obama's re-election, which solidified the future of a complex health-care overhau...
WellCare Health Plans Inc.'s (WCG) third-quarter earnings fell 57% on weak results from its Georgia and Kentucky Medicaid programs, while the managed-care services p...
Medicaid insurer Centene Corp. (CNC) plans to leave the Kentucky market next summer because it can't resolve differences with the state over high-cost problems that ...
The state of Ohio has selected a handful of insurers including Aetna Inc. (AET), Molina Healthcare Inc. (MOH) and Centene Corp. (CNC) to divide up coverage of high-c...
During trading today, the Health Care sector (XLV) showed little change while the S&P 500 fell 0.3%.As a proxy for the sector, the ETF tracked closer to the overall ...
Aetna Inc. (AET) continued the managed-care sector's acquisition streak Monday by announcing plans to buy Coventry Health Care Inc. (CVH) in a $5.7 billion cash-and-...
Today, these stocks are down on high volume:Trading at a volume of 29.2 million, or 2.3 times its average daily volume, Lowe's Cos (NYSE:LOW) is down on high volume ...
During trading today, the Health Care sector (XLV) showed little change while the S&P 500 fell 0.9%.The ETF, as a as a proxy for sector performance, was down today, ...
Centene Corp. (CNC) reported a second-quarter loss Tuesday, pressured by high medical costs after the Medicaid insurer added new business in Texas and Kentucky, but ...
These are stocks that are up on high volume today:Trading with a volume of 9.9 million, or two times its average daily volume, Baidu (NASDAQ:BIDU) is up on high volu...
While the S&P 500 grew 0.7%, the Health Care sector (XLV) showed little movement during trading today.As a proxy for the sector, the ETF tracked closer to the overal...
David Windley, Jefferies & Co. managing director and health care analyst, on Medicaid funding and how investors can play up an expansion.
Managed care provider Wellcare Health Plans Inc's fourth-quarter profit edged past analysts' estimates on growth in its Kentucky Medicaid health plan that previously...
WellCare Health Plans Inc.'s (WCG) fourth-quarter earnings fell 43% amid steeper medical costs, but the health insurer announced a Kentucky Medicaid rate increase th...
Coventry Health Care Inc. (CVH) has secured a rate increase for its money-losing Medicaid program in Kentucky in a move that bodes well for planned acquirer Aetna In...
U.S. stocks closed higher Tuesday, as the Dow Jones Industrial Average recently added 99 points to 13979, the Standard & Poor's rose 1% to 1511, and the Nasdaq Compo...
FBN's Adam Shapiro on corporations helping to fund Obama's inauguration.
GM North America President Mark Reuss discusses what’s down the road for the American auto manufacturer.
Hospital stocks surged Wednesday while big health insurers slumped following President Barack Obama's re-election, which solidified the future of a complex health-ca...