Last Friday the Centers for Medicare and Medicaid Services (CMS) published its proposed payment reductions for 2014 Medicare Advantage insurance plans. The proposed cuts, estimated at $11 billion by an insurance industry trade group, sent health insurer shares plummeting on Tuesday. Humana Inc, the nations second largest health insurer, said that the cuts proposed by [...]
February 19, 2013 By Leave a Comment
ObamaCare reductions to Medicare rocks health insurers with $11 billion in cuts
July 22, 2012 By Leave a Comment
UnitedHealth Reports Higher Earnings Despite Medicare Rate Environment
UnitedHealth said second-quarter earnings rose 5.5%, however, stock tumble on news of the company’s tough rate environment report. The Wall Street Journal: UnitedHealth Posts Higher Profit, Lifts Outlook UnitedHealth Group Inc.’s second-quarter earnings rose 5.5% amid rising membership in government-based health plans and signs that patients are still using health-care services sparingly following the recession. [...]
