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Channel NewsAsia (Singapore) 12/18/2018 17:10
A federal judge said on Tuesday that he was considering using a court-appointed monitor to make sure CVS Health Corp refrains from fully integrating with insurer Aetna while he examines the companies' settlement with the government.
More from Channel NewsAsia (Singapore): 12/18/2018 14:46
Contact: Communications Office (850)245-4111 Tallahassee, Fla. - Today, the Florida Department of Health announced its intent to award WellCare with a statewide contract to implement a new service delivery model for the Children's Medical Services (CMS) Health Plan.
More from 12/17/2018 15:34
Shares of U.S. health insurers, hospitals and healthcare companies fell on Monday in the aftermath of a ruling by a federal judge in Texas that the Affordable Care Act (ACA), commonly called Obamacare, was unconstitutional.
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Employee Benefit News 12/17/2018 09:31
Both insurers have a total ACA exposure of more than 40% of earnings per share, followed by WellCare Health Plans at 10%, JPMorgan analyst Gary Taylor wrote to investors in an email late Friday.
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Market Exclusive 12/17/2018 07:40
WELLCARE HEALTH PLANS, INC. (NYSE:WCG) Files An 8-K Regulation FD DisclosureItem 9.01 Regulation FD Disclosure On December 17, 2018, the Company announced its guidance for certain 2019 financial metrics and reaffirmed its guidance issued on October 30, 2018 for 2018 financial metrics. In addition, the Company intends to present the attached presentation in connection with […]. The post WELLCARE HEALTH PLANS, INC. (NYSE:WCG) Files An 8-K Regulation FD Disclosure appeared first on Market Exclusive .
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PR Newswire 12/17/2018 07:15
WINSTON-SALEM, N.C., Dec. 17, 2018 /PRNewswire/ -- Pharmacists United for Truth and Transparency (PUTT) and the Pharmacists Society of the State of New York (PSSNY) have jointly filed a motion asking U.S. District Court Richard Leon to stop CVS and Aetna from further integration while the ...
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MarketWatch 12/17/2018 06:52
Shares of WellCare Health Plans Inc. were indicated down nearly 1% in premarket trade Monday, after the provider of government-sponsored managed care services provided a 2019 profit outlook that was below expectations. The company affirmed its 2018 guidance, but said it expects 2019 adjusted earnings per share of $13.15 to $13.40, below the FactSet consensus of $25.69. The company expects revenue to be $25.8 billion to $26.7 billion, which is above the FactSet consensus of $25.69. The Medicare Health Plans medical benefits ratio is expected to be 85.0% to 85.8%, primarily as a result of the moratorium in 2019 of the Affordable Care Act industry fee. The Medicare PDP MBR is expected to be 82.5% to 83.5%. The stock has shed 21.2% over the pas.
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FierceHealthcare 12/12/2018 16:17
In May, WellCare acquired certain assets from Phoenix Health Plan, which increased its Medicaid membership in the Grand Canyon State by 44,000 individuals.
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InsuranceNewsNet 12/12/2018 13:45
--McDermott Will& Emery was one of several law firms to advise CVS Health Corp. on its approximately $70 billion cash and stock purchase of health insurer Aetna Inc., which closed on November 28, 2018. The transaction team was led by Kate McDonald and Dale C. Van Demark, with assistance from Gary Scott Davis, Timothy S. Shuman, Barry J. Quirke, Adam R. Marks, and Lauren E.... The post McDermott Advises CVS Health Corp. on Aetna and WellCare Transactions appeared first on InsuranceNewsNet .
More from InsuranceNewsNet: 12/12/2018 09:10
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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Business Insider 12/12/2018 08:56
Investors looking for stable growth stocks can get ideas from the holdings of equity funds that are focused on large-cap investing and only long stocks. Each quarter, RBC analyzes hundreds of long-only large-cap fund holdings to see what stocks they are buying the most. RBC calls these stocks "rising suns," because they have a tendency to climb gradually after being bought. In the third quarter, healthcare names were popular among large-cap funds. Investors looking for stable growth stocks can get ideas from the holdings of equity funds that are focused on large-cap investing and only long stocks. Usually, large-cap stocks have less variability and volatility than small-cap stocks,. and long positions are less risky than short positions as t.
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AHIP Coverage 12/10/2018 07:00
This year, Medicaid-eligible adults and children who select WellCare can access special added benefits to improve quality of life at no cost, including car seats for pregnant members, annual Girl Scouts/Boy Scouts memberships for members ages 6 to 18, personal finance training, and ...
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Insurance Journal 12/05/2018 01:00
QQA federal judge who has been asked to sign off on the U.S. government’s decision to approve CVS Health Corp.’s acquisition of insurer Aetna Inc. said Tuesday he was “less convinced” than the government that the companies had struck a …
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Tampa Business News 12/04/2018 12:27
WellCare Health Plans Inc. on Nov. 30 completed its acquisition of Aetna Inc.’s standalone Medicare Part D prescription drug plans, in turn tripling the size of its membership.
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