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Humana Stock Dives as Forecast Cut on Higher Medical Costs

Humana expects fiscal 2023 adjusted earnings of about $26.09 a share, down from the company’s prior estimates of $28.25.

Angela palumboUnitedhealth groupExchange commissionExchange commission thursdayMedicare advantageChief financial officer susan diamondHealth groupArticle normalBuilding constructionNon life insuranceHealth medical insuranceDiversified holding companiesBusiness consumer servicesReal estate constructionFinancial servicesHealth maintenance organizations

Humana stock tumbles as Medicare Advantage growth disappoints

Humana shares dropped 14% premarket on Thursday after the giant health insurer slashed its full-year 2023 earnings guidance.

Humana incCigna groupHealth corpUnitedhealth group incElevance health incMedicare advantageUnitedhealth groupElevance healthArticle normalBuilding constructionNon life insuranceHealth medical insuranceDiversified holding companiesHealth careBusiness consumer servicesReal estate construction

Medicare drug price negotiations hit critical phase

The federal government is set to make its opening offers in Medicare drug price negotiations, as courts prepare to weigh in on the process.

United statesSan franciscoKelly bagbyRobert blendonJoe bidenJarrett lewisZachary baronMichael newmanRobert davisAndrew dickinsonCenters for medicareGilead sciences incHuman servicesBipartisan policy centerLaw initiative at georgetown oneill instituteUs department of health

Social Security: Presidential candidates are talking about all the wrong things

We should be happy that any candidate is talking about the Social Security and Medicare crises, even if the talks aren’t always that serious

New hampshireUnited statesSouth carolinaNikki haleyDonald trumpJoe bidenRon desantisAnn coulterDemocratic national committeeSocial securityDemocratic nationalArticle normalNon life insuranceHealth medical insuranceFinancial servicesGovernment sponsored health insurance

Humana, UnitedHealth, and CVS Health Stock Fall on Medicare Advantage Concerns

Insurance giants like Humana, UnitedHealth, and CVS Health have made big bets on Medicare Advantage. But the program’s rising utilization rates are hitting.

United statesDavid windleyJosh nathan kazisCenters for medicareMedicaid servicesOptum healthCigna groupUnitedhealth groupMedicare advantageOak street healthWall street journalArticle normalNon life insuranceHealth medical insuranceFinancial servicesGovernment sponsored health insurance

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