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Stock Market & Financial Investment News

News Breaks
April 8, 2014
10:18 EDTCI, UNH, WLP, WCG, HUM, HNT, UAM, AETCMS says Medicare Advantage reimbursement to rise in 2015
The Centers for Medicare & Medicaid Services announced Medicare Advantage and prescription drug rates for 2015. The agency estimated that its payments for Medicare Advantage beneficiaries would rise slightly, versus its previous estimate that such payments would fall. A Medicare Advantage Plan is a type of health plan offered by a private company that contracts with Medicare to provide subscribers with Part A and Part B benefits. WHAT'S NEW: CMS reimbursements for Medicare Advantage beneficiaries will rise 0.4%, CMS estimated, compared to a February proposal that contemplated a 1.9% cut. ANALYST REACTION: In a note to investors earlier today, FBR Capital analyst Steven Halper wrote that the final Medicare Advantage rates are a positive for health insurers with significant exposure to such plans. Companies in this category include Aetna (AET), Humana (HUM), and UnitedHealth (UNH), said Halper. He kept Outperform ratings on Aetna and United Health and a Market Perform rating on Humana. Another research firm, Leerink, said it views the "biggest positive" from the final rates that the CMS announced last night as the delay in the proposal to eliminate in home Health Risk Assessments to support reimbursement for high risk seniors. Leerink thinks the final rates are favorable for MA plans and estimates the positive impact in order: Humana, Universal American (UAM), WellCare (WCG), UnitedHealth, Cigna (CI), Aetna, Health Net (HNT) and WellPoint (WLP). PRICE ACTION: In early trading, Aetna rose fractionally to $72.70, UnitedHealth lost 0.6% to $80.59, Humana sank 1.8% to $109.95, and Universal American added 2c to $7.16.
News For AET;HUM;UNH;UAM;WCG;CI;HNT;WLP From The Last 14 Days
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August 28, 2015
11:04 EDTCIOptions with increasing implied volatility
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August 26, 2015
12:02 EDTAETAetna, MemorialCare announce accountable care collaboration in California
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08:04 EDTUNHHCA Holdings UnitedHealth weakness creates buying opportunity, says Oppenheimer
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August 24, 2015
18:02 EDTUNHS&P 500 enters correction territory amid global growth concerns
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August 21, 2015
08:13 EDTUNHUnitedHealth has reached attractive entry point, says BMO Capital
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August 18, 2015
07:57 EDTWCG, UNHMagellan Iowa loss largely priced into shares, says Jefferies
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August 17, 2015
16:12 EDTUNH, WCGMagellan drops after Iowa picks four others for Medicaid
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15:57 EDTUNHUnitedHealth up 2.4% after being awarded Iowa healthcare contract
15:56 EDTWCGWellCare up 4.5% after being awarded Iowa healthcare contract
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15:55 EDTUNH, WCGWellCare, Amerigroup, UnitedHealth, AmeriHealth awarded Iowa healthcare contract
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05:59 EDTAETStocks with implied volatility movement; AET PMCS
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