WASHINGTON, Feb 28- President Barack Obama's ban on discriminatory health insurance practices against the sick has not stopped insurers from increasing up-front charges for the expensive drugs needed to control chronic illnesses from leukemia to multiple sclerosis.» Read More
Cigna, which reported third-quarter profit that beat analysts' expectations on Thursday, has both a U.S. and overseas health insurance business and also sells disability and life insurance. Cigna said that diversification will help it next year, which it expects to be challenging because of broad changes in the healthcare industry.
Cigna, which provides U.S. and overseas health insurance as well as disability and life insurance, said it expected full-year earnings of $6.70 to $6.90 per share. The company said the results reflected continued medical cost management and a lower operating expense ratio that were partly offset by some pressure on its private Medicare plans for older people.
Goldman Sachs is pushing its junior investment bankers to take weekends off as the firm revises demands placed on employees, Bloomberg reported.
WASHINGTON, Oct 25- Federal employees furloughed during the partial shutdown of the U.S. government this month will have to return any jobless benefits they received given that Congress has approved retroactive pay, the Labor Department said on Friday.
The Labor Department believes furloughed government workers during the government shutdown are not eligible for unemployment benefits, reports CNBC's Hampton Pearson.
Who are the highest paid CEO's? CNBC's Mary Thompson reveals the top earning CEO's. For the first time ever two of the top ten exceeded more than one billion.
Oct 22- Health insurer Centene Corp raised its full-year revenue forecast and reported a better-than-expected quarterly profit as it benefits from expanded coverage, improved rates and a contract in Kansas.
Some furloughed workers may receive both back pay and unemployment. Cathy Areu, Washington Post Magazine, and Diana Furchtgott-Roth, Manhattan Institute, debate the double compensation.
All federal workers furloughed during the government shutdown will receive their back pay but some in certain states will also get unemployment pay. CNBC's Hampton Pearson has the details.
Oct 17- UnitedHealth Group Inc said on Thursday that its third-quarter profit rose about 1 percent as the enrollment of an additional 275,000 people in its health insurance plans offset higher operating costs in its private Medicare business.
WASHINGTON, Oct 16- The U.S. America would begin to miss payments sometime between Oct. 22 and the end of the month, according to the Congressional Budget Office. -$12 billion payment to the Social Security pension program.
*Patriot also reaches settlement with Arch Coal. Oct 10- Patriot Coal Corp said it settled all health and pension-related claims against Peabody Energy Corp in exchange for key funding, which would help the company emerge out of chapter 11 bankruptcy by the end of the year.
The House voted to resume Military death benefit payments, reports CNBC's Dominic Chu. However, the Defense Department says it cannot process the payments during the shutdown.
WASHINGTON, Oct 8- Tourism sagged near U.S. national parks, Washington- area workers filed more unemployment claims and futures markets grappled with a lack of data as the government shutdown, now in its second week, stretched across the nation and upset many aspects of American life.
CNBC's Hampton Pearson reports Z-Burger has been giving away burgers to government employees who show their ID. The DC economy is taking at least a $200,000 daily hit.
NEW YORK, Oct 2- Stephanie Desaulniers is among the millions of Americans seeking information on new Obamacare health insurance plans launched this week, not because she lacks coverage, but because she's ready for a better deal.
CNBC's Jon Fort reports Oracle is defending its CEO Larry Ellison against critics who are upset over Ellison's pay package.
NEW YORK, Oct 2- Long Island publicist Brian Erni works for a company that would extend health insurance to his wife if he would pay for it. Families across the United States are facing similar situations as many companies plan to trim, eliminate or charge extra for benefits for employees' spouses in 2014, when key parts of healthcare reform take effect.
*Obama and Senate reject plan, call for full funding. WASHINGTON, Oct 1- President Barack Obama and congressional Republicans came no closer to ending a standoff on Tuesday that has forced the first government shutdown in 17 years and thrown hundreds of thousands of federal employees out of work.
WASHINGTON, Oct 1- The White House rejected a Republican plan to reopen portions of the U.S. government on Tuesday as the first shutdown in 17 years closed landmarks like the Statue of Liberty and threw hundreds of thousands of federal employees out of work.