CVS Health CEO Takes Charge At Aetna After Insurer’s Latest Miss - Forbes
Aug 7, 2024 · CVS Health chief executive Karen S. Lynch is taking over “day-to-day management” of the company’s Aetna health insurance business after its latest poor performance.
Aetna executive ousted as CVS’ Medicare Advantage woes drag …
Aug 7, 2024 · CVS slashed its earnings guidance for the third time this calendar year as rising medical costs continue to pressure the bottom line of its insurance segment Aetna, according to financial results...
88% of Aetna Medicare Advantage Members in 4-Star Plans or …
WOONSOCKET, R.I., Oct. 10, 2024 — Aetna®, a CVS Health ® company (NYSE: CVS), announced today that 88 percent of its Medicare Advantage (MA) members are in 2025 Medicare Advantage Prescription Drug (MAPD) plans that are rated 4 stars or higher (out of 5 stars) by the Centers for Medicare & Medicaid Services (CMS).
CVS is willing to dump 10% of its Medicare Advantage members
May 14, 2024 · CVS, through its Aetna subsidiary, is the third-largest Medicare Advantage insurer, with more than 4.2 million enrollees as of April, according to the latest federal data. That means next year...
Can the new CVS CEO handle the Aetna challenge? | Reuters
Oct 21, 2024 · As CVS Health's new CEO David Joyner steps into the top job, Wall Street analysts and some investors are questioning whether he has the right experience to turn around the Aetna health insurance...
CVS removes top Aetna leader as higher medical costs eat further …
Aug 7, 2024 · Facing rising expenses for Aetna's Medicare Advantage plan, CVS removed the top executive who'd overseen the MA expansion, lowered 2024 profit estimates.
CVS CEO Karen Lynch takes over 'day-to-day' operations at Aetna
Aug 7, 2024 · CVS Health is making changes at the top of its Aetna division as the insurer navigates choppy waters. The company said in its earnings report released Wednesday morning that CEO Karen Lynch will...
Aetna parent CVS Health plans 2,900 layoffs
Sep 30, 2024 · CVS Health, parent company of Hartford health insurer Aetna, told employees Monday it will cut 1% of its workforce, or about 2,900 employees.
Aetna and Trinity Health reach multi-year agreement for in
6 days ago · Albany, NY — As Aetna was set to expire on January 1, 2025. Aetna and Trinity Health/St. Peter’s Health Partners have announced a multi-year agreement. If an agreement wasn't made, patients ...
CT health system, insurer reach 11th hour contract agreement
6 days ago · “Yet, Aetna keeps raising premiums and out-of-pocket costs for its members, to boost their profits, which topped $5.6 billion in 2023,” Trinity Health had said on its website.
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