Analyst says stocks will benefit from reform clarity, and from lower medical costs after 2010 An analyst for JPMorgan upgraded shares of WellPoint ...
NEW YORK (Reuters) - Aetna Inc <AET.N> on Wednesday said it expects to eliminate roughly 1,250 jobs by the end of March 2010, ...
Express Scripts announces $60 million expansion in St. Louis County, plans to add 270 jobs The pharmacy benefits manager Express Scripts Inc. will build a prescription fulfillment center in St. Louis County, creating 270 jobs. Plans for the $60 million expansion were ...
NEW YORK (Reuters) - Health insurer Cigna Corp <CI.N> posted higher third-quarter profit on Thursday as strength in stock market investments boosted the value of variable annuity products in its reinsurance business. Net earnings rose to $329 million, or $1.19 per share, ...
Health insurers weather flu, enrollment, reform storms heading into 4th quarter, 2010 Rising unemployment, swine flu and the threat of health care reform all ganged up on managed care companies in the third quarter and could hurt their performance heading into 2010. ...
Cigna evaluates, decides to keep pharmacy benefits management business Health insurer WellPoint Inc. announced plans last spring to sell its pharmacy benefits management business to Express Scripts Inc. for about $4.68 billion. Analysts have wondered whether other managed care companies would consider ...
CVS 3rd-qtr profit jumps 39 pct, stock tumbles on lost Caremark contracts, unit chief retires CVS Caremark disclosed more multibillion dollar contract losses in its pharmacy benefits management business and said the head of the unit will depart. CEO Tom Ryan said ...
FILE - In this Feb. 8, 2006 file photo, pedestrians walk past the headquarters of the health insurer Cigna Corp. in downtown Philadelphia. Managed care company Cigna Corp. said Thursday, Nov. 5, 2009, its third-quarter profit soared 92 percent, as improving equity ...
Managed care company Cigna Corp.'s third-quarter profit soared 92 percent, as improving equity markets spurred a big turnaround in a discontinued business that hurt the insurer last year. Philadelphia-based Cigna said Thursday it generated $16 million in income during the quarter from ...
Senate committee to investigate health insurer pricing of small business coverage The Senate health care committee chairman said Tuesday the panel is investigating how health insurers price the coverage they sell to small businesses, which have struggled for years with soaring premiums. ...
Managed care provider Cigna to report 3rd-quarter results Thursday Managed care provider Cigna Corp. reports results for the third quarter on Thursday. Here are some key developments and analyst opinions related to that period. OVERVIEW: Philadelphia-based Cigna's main national competitors have managed ...
Managed care company Aetna completes purchase of Horizon Behavioral Services Managed care company Aetna Inc. said Tuesday it has completed a $70 million acquisition of employee assistance program provider Horizon Behavioral Services LLC. Hartford, Conn.-based Aetna, which announced the deal in July, ...
