Life and Health Insurance
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Jan 22- Aetna Inc said on Tuesday it agreed to sell its Missouri Medicaid business to WellCare Health Plans Inc as part of its purchase of Coventry Health Care Inc because their combined Missouri businesses had exceeded Medicaid membership limits.
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Health insurer WellPoint Inc. will revisit a tumultuous 2012 that included a CEO resignation and choppy earnings when it releases results on Wednesday from last year's final quarter.
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Jan 18- Goldman Sachs Group Inc awarded 22 senior executives and board members more than 736,000 restricted shares worth nearly $104 million as part of their 2012 bonuses, according to securities filings on Friday.
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*Credit Suisse upgrades Japan on short-term. *Sony surges on New York building sale. Exporters led Friday's gains, with Toyota Motor Corp adding 2.0 percent, Honda Motor Co up 3.5 percent and Panasonic Corp climbing 3.4 percent. "
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Jan 17- UnitedHealth Group Inc, the largest U.S. health insurer, reported a slight drop in fourth-quarter profit on Thursday as medical costs rose, but revenue increased more than 11 percent, helped by growth in its Medicare, care management, technology and international businesses.
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Jan 17- UnitedHealth Group Inc, the largest U.S. health insurer, said on Thursday it kept fourth-quarter costs under control and increased revenue by more than 11 percent, helping earnings per share to rise.
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UnitedHealth on Thursday reported fourth quarter earnings that narrowly beat forecasts and repeated its forecast for earnings and revenue growth in 2013.
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Jan 17- UnitedHealth Group Inc, the largest U.S. health insurer, said on Thursday that it kept fourth-quarter 2012 costs under control and increased revenue by more 11 percent, helping earnings per share rise.
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*China Life Insurance hit by Credit Suisse downgrade. HONG KONG, Jan 17- Mainland Chinese shares retreated further on Thursday from a 7-1/ 2- month high struck two days earlier, weighing on Hong Kong markets, with growth-sensitive counters leading the slide ahead of a slew of major Chinese economic data due on Friday.
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*China Life Insurance hit by Credit Suisse downgrade. HONG KONG, Jan 17- Onshore China shares retreated further from a 7-1/ 2- month high on Thursday, reversing early Hong Kong gains, with growth-sensitive counters leading the slide ahead of a slew of major Chinese economic data being released on Friday.
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TOKYO, Jan 16- Japanese government bond prices rose on Wednesday, with benchmark yields falling to a four-week low, as a sharp pullback in Japanese stocks and heightening anticipation of more Bank of Japan stimulus lifted sentiment.
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TALLAHASSEE, Fla., Jan 10- In a dramatic about-face, Florida's health agency now says the cost to state taxpayers of expanding Medicaid under President Barack Obama's healthcare reform law would be barely more than a tenth of its original estimate.
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HSBC's sale of its $9.4 billion stake in Ping An Insurance to Thailand's CP Group has been thrown into jeopardy after state-run China Development Bank (CDB) voiced concerns over funding for the deal, sources told Reuters.
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BEIJING/ HONG KONG, Jan 8- HSBC's sale of its $9.4 billion stake in Ping An Insurance to Thailand's CP Group has been thrown into jeopardy after state-run China Development Bank voiced concerns over funding for the deal, sources told Reuters.
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Jan 8- The Federal Reserve has granted MetLife Inc a third extension to submit its capital plan as the insurer moves closer to completing the sale of its deposit-taking business to a unit of General Electric Co's GE Capital. MetLife has a bank holding charter because of its online banking business and is therefore overseen by the Fed.
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HONG KONG, Jan 8- Hong Kong shares are set to start lower on Tuesday dragged by a 1.1 percent loss for China Life Insurance, topping losses among Chinese financials among Hang Seng Index components. The Hang Seng Index was set to open down 0.3 percent at 23,264 points.
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Jan 4- With the fiscal cliff avoided and U.S. tax rates rising for higher income households, financial advisers have gone into overdrive to help their clients mitigate the negative effects while trying to benefit from the greater clarity.
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WASHINGTON, Jan 4- It is not easy if you have. dedicated most of a journalism career to writing about money to read "Pound Foolish: Exposing the Dark Side of the Personal Finance Industry." This new book by New York journalist Helaine Olen surveys all that she believes is wrong with the financial advice industry.
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The Affordable Care Act will go far to rescue the generation hardest hit by rising health-care costs, including 8.6 million Boomers without health insurance.
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Americans are largely satisfied with the way their health benefits are chosen and paid for, but wish they had more flexibility, according to a new survey from the Employee Benefit Research Institute.