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Humana (NYSE:HUM) reaffirmed its fiscal 2013 guidance on Monday, acknowledging once again that its full-year earnings could fall below Wall Street expectations despite the government's decision to increase Medicare payments.The Louisville, Ky.-based company continues to anticipate full-year earnings for the period ending Dec. 31, 2013, in the range of $8.40 to $8.60.That would put the EPS outlook below average analyst estimates of $8.65 a share.The reiterated guidance, raised back in May after the company reported much stronger first-quarter earnings, comes despite the fact that the government in April reversed its decision to cut Medicare payments following intense pressure and lobbying from healthcare heavyweights.U.S. officials two months ago decided to increase the payment rate for health insurers that offer coverage through the popular Medicare Advantage program, one of many changes attached to ongoing health reform. The Medicare-focused insurer had been preparing for cuts to gove...
U.S. stocks tallied modest gains on Monday, continuing the S&P 500 index's record run above 1,600 after the April jobs report, which exceeded expectations."The marke...
Wellcare Health Plans Inc.'s (WCG) first-quarter earnings fell 58% as the managed-care services provider saw a sharp rise in coverage costs.The company raised its fu...
Humana Inc. (HUM) posted a surge in first-quarter earnings amid light medical costs, prompting a boost to its 2013 forecast, but the Medicare-focused health insurer'...
Humana Inc. (HUM) posted surging first-quarter earnings amid light medical costs, prompting a boost to its 2013 forecast, but the Medicare-focused health insurer's p...
Humana Inc.'s (HUM) first-quarter earnings rose 91% as the health-care company incurred lower benefit expenses and increased its membership.The company also raised i...
Humana Inc.'s (NYSE:HUM) first-quarter earnings rose 91% as the health-care company incurred lower benefit expenses and increased its membership.The company also rai...
Earnings season continues next week with a focus on Internet companies, insurers and media firms. The most notable names include Facebook, AIG, Visa and MasterCard.O...
Former SEC chairman Harvey Pitt weighs in on the probe regarding a former aide to Senator Grassley.
UnitedHealth Group Inc. (UNH) on Thursday sounded a cautious tone as it deals with the near-term impact of the government's crackdown on spending and looks ahead to ...
UnitedHealth Group Inc. (UNH) is still bracing for pressure from lower Medicare Advantage rates next year, even though health insurers recently notched a big lobbyin...
Public Citizen Government Affairs Lobbyist Craig Holman and Washington Examiner Senior Political Columnist Tim Carney on the overhaul of Congress’ insider-trading law.
The U.S. Supreme Court on Monday cleared the way for health insurer Humana Inc. (HUM) to sue GlaxoSmithKline PLC (GSK, GSK.LN) for the recovery of health-care expens...
Two health insurance companies will now allow small businesses to self-insure, which can help them cut costs – but not without risks.
Challenger the Eagle is enduring symbol of America
Average premiums in California's new online health-insurance marketplace for consumers will not be as high as predicted by actuaries, though they will vary widely, a...
As the federal government squeezes payments for private Medicare plans, Humana Inc. (HUM), the big health insurer most tethered to the government health program, has...
Quest Diagnostics Inc. (DGX) acquired the toxicology and clinical laboratory business of Concentra, a medical center operator owned by Humana Inc. (HUM), as the diag...
Helping the less fortunate
U.S. stocks mostly advanced on Monday, continuing the S&P 500 index's record run above 1,600 after the April jobs report exceeded expectations."The market had a pret...