Marilyn Tavenner's predictions come as insurers are preparing to submit their proposed 2017 rates. » Read More
UnitedHealth is pulling out of most state health-care exchanges, but Centene is benefiting from Medicaid expansion.
WASHINGTON— Insurers will seek significant premium hikes under President Barack Obama's health care law this summer- stiff medicine for consumers and voters ahead of the national political conventions. For example, in Virginia, a state that reports early, nine insurers returning to the HealthCare.gov marketplace are seeking average premium increases...
Health insurer Anthem aims to pull a small profit this year from the Affordable Care Act's public insurance exchanges, and its CEO said Wednesday he's "really glad" to be serving nearly 1 million people in this still-developing market. The Blue Cross- Blue Shield carrier's message arrived about a week after rival UnitedHealth Group said it was bleeding money on...
U.S. stocks closed higher Wednesday but well off session highs as declines in consumer staples and utilities weighed.
The losses are "not really something that are sustainable," according to Jeff Stelnik, Blue Cross Blue Shield senior vice president of strategy. Blue Cross Blue Shield and UnitedHealthcare's All Savers are the only marketplace options in eight Arizona counties where more than 30,000 people chose a plan. "My concern is that rural Arizona is left with too few...
Sanofi reported a meager $10 million from Praluent in the last quarter, which it co-markets with Regeneron Pharmaceuticals. Amgen Inc. declined to break out Repatha sales. Spending on pricey specialty drugs has doubled over the last five years to $150 billion, contributing 70 percent of the growth in U.S. medication spending since 2010, according to IMS...
The strongest three-month rally in four years by the Dow has pushed the benchmark above the eye-catching 18,000 level this week.
Japan's benchmark Nikkei 225 gained 2.0 percent to 17,236.37, as exporters' shares were lifted by the weaker yen, which can boost their profits. Hong Kong's Hang Seng climbed 1.8 percent to 21,610.86. Stocks are closing with modest gains on Wall Street after a midday rally lost steam.
NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq stock market:. Newmont Mining Corp., up $1.45 to $30.19. IBM Corp., down $8.53 to $144.
If you signed up for a UnitedHealth Group plan on an Obamacare exchange for 2016, don't count on renewing your coverage next year if you live in Connecticut, Michigan, or dozens of other states.
U.S. stocks closed mixed Tuesday, amid a rise in oil prices, as declines in tech stocks weighed after mixed earnings reports.
UnitedHealth's decision to slash its participation in the Affordable Care Act's insurance exchanges shows how these still-new marketplaces remain unsettled heading toward their fourth year. UnitedHealth covered 795,000 people through the exchanges as of the end of March, or roughly 6 percent of the 12.7 million total people who signed up for 2016...
Wall Street looked set to open higher on Tuesday, as global stock markets continued rising as a result of steadying crude oil prices.
UnitedHealth hiked its 2016 forecast after the nation's largest health insurer topped Wall Street's first-quarter earnings expectations. UnitedHealth's burgeoning Optum segment bolstered results in the first quarter with 54 percent revenue growth. UnitedHealth pulled in nearly $20 billion in revenue from Optum, helped by the acquisition of pharmacy...
The FMHR traders look at four stocks making news today, including UnitedHealth announcing it will stop offering ACA plans in Michigan, and Verizon and Yahoo.
U.S. stocks closed higher Tuesday, with energy stocks leading as crude topped $42 a barrel, as investors awaited the bulk of earnings due over the next few weeks.
U.S. stocks closed well off session highs Friday, despite a rally in oil, as the yen strengthened against the U.S. dollar.
JPMorgan Chase CEO Jamie Dimon’s letter is the most read on Wall Street. How do you put money to work behind his outlook?
U.S. stocks closed lower Tuesday, following declines in overseas developed markets on soft data, despite gains in oil prices and better U.S. data.
Republican presidential candidates say they want to dismantle the Affordable Care Act. But investors might not be buying the rhetoric.