CVS shares crushed as Aetna faces soaring medical costs, Medicare Advantage hit

CVS Health shares fell sharply in early Wednesday trading after the retail pharmacy and health insurance giant slashed its full-year profit forecasts amid soaring medical costs and the expected impact of changes to Medicare reimbursements. That surge has added to the medical-cost ratios of both CVS and its rivals, including UnitedHealth Group and Humana. The post CVS shares crushed as Aetna faces soaring medical costs, Medicare Advantage hit appeared first on Insurance News | InsuranceNewsNet ....

InsuranceNewsNet - 5/1/2024 1:56:18 PM More News for HUM
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