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GOP Faces Another Red State Blow In Tuesday’s South Dakota Medicaid Expansion Vote
South Dakota voters Tuesday will decide whether to expand Medicaid via ballot initiative.
Alignment Healthcare Posts Loss As Insurer Expands Medicare Advantage Into New Markets
Alignment Healthcare reported a $40 million loss in its third quarter as the startup provider of Medicare Advantage coverage spends money to expand coverage into new markets and further grow enrollment.
Evernorth Performance And Life Insurance Sale Boost Cigna Profits
Cigna reported $2.8 billion in quarterly profits thanks to the sale of the company’s life benefits business, rising health plan membership and growth of Evernorth health services.
Humana Eclipses $1 Billion Profit On Medicare Growth And Lower Costs
Humana reported $1.2 billion in third quarter profits largely due to growth in its Medicare Advantage health plans and lower than expected medical expenses.
CVS Reports $3 Billion Loss To Cover Its Share Of Global Opioid Settlement
CVS Health reported a quarterly loss of more than $3 billion to cover its share of a global opioid settlement in the works with various states, counties and local governments.
Reports: CVS, Walgreens And Walmart Agree To $12 Billion Opioid Settlement
CVS, Walgreens and Walmart – the nation’s three largest retail U.S. pharmacies — have agreed “in principle” to pay $12 billion in a massive global settlement to resolve claims they contributed to the opioid epidemic.
Walgreens And CVS Aren’t Done With Primary Care Buying Binges
Walgreens and CVS Health aren’t done gobbling up primary care assets even after spending billions of dollars in the last two years.
Centene Reports $738 Million Profit And Picks Cigna’s Express Scripts As PBM
Centene reported $738 million in quarterly profits and announced Cigna’s Express Scripts will be its PBM In 2024.
Elevance Health Profits Hit $1.6 Billion As Medical And Drug Plans Grow
Elevance Health reported $1.6 billion in third quarter profits as the health insurer formerly known as Anthem continued to grow its national portfolio of medical and prescription drug benefits.
UnitedHealth Group’s Profits Hit $5.2 Billion As Optum And Health Plans Roll
UnitedHealth Group’s profits eclipsed $5.2 billion in the third quarter on a strong performance by its Optum health services and UnitedHealthcare health plans.
