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U.S. Health insurers received the Medicare Advantage rate changes they were seeking, thanks in part to a strong lobbying campaign by the industry and an assist from the nation's top health-care official.The much better-than-feared rates for next year sent stock prices surging Tuesday across the health-insurance sector. Insurers sponsoring these plans for the elderly are still likely to get slightly less money in 2014, but they are no longer facing the steep, high single-digit percentage declines threatened in a mid-February government proposal. Health insurers had warned steep cuts would hurt benefits to seniors while driving plans from some markets.The industry launched its most aggressive lobbying campaign in years in response to the February proposal, according to those involved. Lobbyists organized a grassroots effort that recruited 50,000 seniors to contact members of Congress through phone calls, emails or other methods.The lobbying effort found a receptive audience, with more th...
On a trading day that saw the S&P 500 gain 0.6%, the Financial sector (XLF) showed little change.Universal American Corporation (NYSE:UAM) was a major gainer in the ...
CVS Caremark (NYSE:CVS) revealed a higher fourth-quarter profit on much stronger pharmacy sales, as medical claims surged and the company acquired more customers thr...
Enrollment in Medicare Advantage plans has grown about 10% over the last year, according to new government data released Wednesday, highlighting why health insurers ...
DOW JONES NEWSWIRESMedicare Advantage enrollments have risen a bigger-than-expected 10% since this time last year as average premiums have fallen 7%, the Department ...
Universal American Corp. said Wednesday it'll pay $228 million to buy APS Healthcare Inc., a specialty healthcare solutions company owned by funds managed by private...
CVS Caremark (NYSE:CVS) reported on Thursday a stronger third-quarter profit that surpassed Wall Street expectations, as pharmacy service revenues climbed on new bus...
Leerink Swann Equity Strategist Director John Sullivan explains why investors are excited by the Cigna, HealthSpring deal.
CVS Caremark (NYSE:CVS) reported a stronger second-quarter profit that ticked just ahead of Wall Street estimates on improved pharmacy sales, leading the company to ...
CVS Caremark Corp.'s (CVS) first-quarter earnings fell 7.5% as the second-largest pharmacy chain in the U.S. reported weaker margins and higher operating expenses, t...
FBN's Dagen McDowell breaks down the numbers for the social-network website.
FBN's Robert Gray breaks down the stories moving the market.
FBN's Robert Gray breaks down the latest market movers.
Shares of Humana Inc. (HUM) and other health insurers surged Tuesday after their lobbying effort to protect incoming payments for running Medicare Advantage plans ne...
Shares of Humana Inc. (HUM) and other major health insurers tumbled Tuesday following an unfavorable government proposal for Medicare Advantage rates in 2014 that an...
Shares of Humana Inc. (HUM) and other major health insurers tumbled in premarket trading Tuesday following an unfavorable government proposal for Medicare Advantage ...
UnitedHealth (NYSE:UNH) was upgraded to "buy" from "neutral" by Goldman Sachs (NYSE:GS) on Tuesday, reflecting Goldman's bullish view on the insurer's ability to out...
A number of U.S. companies disclosed plans to postpone their quarterly reports because of the pending arrival of Hurricane Sandy on the East Coast, a move that comes...
CVS Caremark Corp.'s (CVS) second-quarter earnings rose 18% as the pharmacy-benefits-management business again performed well and as retail pharmacy and front-end sa...
CVS Caremark (NYSE:CVS) lifted its fiscal 2012 forecast and reported an 8% increase in first-quarter profit on Wednesday as it continued to nab former Walgreens (NYS...
