CVS struggled financially last year after underpricing some Aetna insurance plans and the government lowered quality ratings.
CVS Health Corporation reported financial results for the fourth quarter and full year of 2024, highlighting challenges within its insurance segment. The company’s Aetna health insurance unit experienced increased medical costs and lower Medicare Advantage star ratings, which affected overall profitability.
CVS Health has eliminated more than 1,000 jobs based at or reporting to its offices in Hartford, which include the headquarters of Aetna.
Aetna and the University of Texas Medical Branch have reached an agreement to bring customers of the CVS-owned health insurance company back in-network.
The assassination of UnitedHealthcare CEO Brian Thompson triggered a disturbing avalanche of sympathy for the suspected murderer, often laced with sarcasm about health insurance systems.
After underperforming throughout 2024, shares of CVS Health (NYSE: CVS) are surging. From the end of 2024 through Feb. 14, the stock climbed 46.7% higher. Shares of the healthcare conglomerate stock notched significant gains after management presented an encouraging fourth-quarter earnings report on Wednesday,
CVS Health Corp issued an optimistic guidance for 2025 stemming from the expected recovery in its insurance business — Aetna's turnaround.
CVS Health (CVS) stock soared about 15% yesterday after posting upbeat fourth-quarter results, with revenues and earnings surpassing analysts’
Our drive to greater drug pricing transparency through innovation has never been more needed,” Ed DeVaney says.
The appointment marks the latest in a spate of leadership changes at CVS as the company’s insurance segment struggles to manage increased medical costs. David Joyner, who previously led Caremark, was named CVS president and CEO in October, replacing previous chief executive Karen Lynch.
Some analysts are more optimistic about CVS’ ability to navigate higher-than-expected medical costs in its insurance unit moving forward.
today announces a collaboration with Aetna Better Health® of Illinois, a CVS Health® company (NYSE: CVS). Aetna Better Health of Illinois members can now use Twentyeight Health to connect with ...
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