Don't believe the hype that insurance companies are getting squeezed on Obamacare. That's the message from Ezekiel Emanuel, one of the law's architects.» Read More
July 31- U.S. health insurer Cigna Corp said on Thursday that its second-quarter profit and revenue rose as it took in more healthcare premiums and fees from increased customers in its commercial business.
July 30- U.S. health insurer Humana Inc reported a lower profit owing to higher costs on Wednesday, as mounting concerns about increased medical spending drove health insurance industry shares lower for a second straight day.
From Aetna's view, the economy doesn't feel like it's growing as quickly as the government reported Wednesday, Chairman and CEO Mark Bertolini says.
The economy does not seem to have recovered as much as the second-quarter's 4 percent GDP report showed, Aetna Chairman and CEO Mark Bertolini told CNBC.
Mark Bertolini, Aetna chairman & CEO, shares his thoughts on the Affordable Care Act. You have to have a more affordable system, says Bertolini.
Mark Bertolini, Aetna chairman & CEO, discusses the company's quarterly results and the impact of the Affordable Care Act.
Cramer is seeing troublesome developments all over the market. "We have to face some facts here," he said.
July 29- Aetna Inc, the third-largest U.S. health insurer, reported a rise in medical costs on Tuesday, raising investor concerns that a long run of low growth in such costs might be ending and pushing shares in the industry lower.
Some of the names on the move ahead of the open.
July 29- Aetna Inc, the third-largest U.S. health insurer, on Tuesday reported a higher second-quarter profit, helped by last year's acquisition of Medicare and Medicaid provider Coventry Health Care. Aetna reported net income of $549 million, or $1.52 per share, up from $536 million, or $1.49 per share, a year earlier.
July 29- Aetna Inc, the third-largest U.S. health insurer, said on Tuesday that its second-quarter profit rose, helped by the acquisition of Medicare and Medicaid provider Coventry last year. Aetna reported net income of $549 million, or $1.52 per share, up from $536 million, or $1.49 per share, a year earlier.
The Fed meets for two days, starting Tuesday, and is widely expected to taper back its monthly bond buying program by another $10 billion to $25 billion - and do little else.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
Some of Tuesday's midday movers:
July 17- UnitedHealth Group Inc, after wading cautiously into Obamacare insurance exchanges this year, on Thursday vowed to become a major player, participating in as many as two dozen state exchanges in 2015 and growing from there.
Visiting a doctor online, which is also known as telemedicine, is gaining support among insurers and employers, and for good reason.
Capitalizing on industry changes due to Obamacare, Oscar offers health insurance and telemedicine visits to customers through its website.
NEW YORK, June 17- The venture capital arm of Japan's SoftBank Corp is investing in enterprise mobile company Kony Inc, Kony said in a statement on Tuesday. SoftBank Capital will lead the $50 million financing round, Kony's largest to date, with existing and new investors including Insight Venture Partners, Telstra Ventures and Georgian Partners.
SoftBank Capital is expected to lead the $50 million financing round, Kony's largest to date, with a group of existing and new investors including Insight Venture Partners, Telstra Ventures and Georgian Partners, the sources told Reuters. Representatives for Telstra Ventures and Georgian Partners were not immediately available for comment.
CHICAGO, June 16- Well before Medtronic Inc and Covidien Plc announced their $43 billion merger, the two medical device makers had reached common conclusions about how they needed to change. U.S.-based Medtronic on Sunday said it would buy Covidien and moving its executive headquarters to Ireland to take advantage of lower corporate tax rates.