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Stock Market & Financial Investment News

News Breaks
March 7, 2013
07:45 EDTCICigna to reaffirm consolidated adjusted income from ops estimates for FY13
Beginning on March 7 and through March 12, Cigna officials expect to participate in meetings and discussions with investors and analysts, including the Barclays Global Healthcare Conference. During these meetings, company officials expect to reaffirm consolidated adjusted income from operations estimates for FY13, which remain in the range of $1.70B-$1.83B. Because the company’s earnings outlook is based on consolidated adjusted income (loss) from operations, the company’s FY13 financial outlook does not include the after-tax charge of approximately $500M to be recorded in the 1Q13 related to the transaction to exit its run-off reinsurance operations, including the Guaranteed Minimum Death Benefits and Guaranteed Minimum Income Benefits businesses, effective as of February 4. Company officials also expect to reaffirm the outlook for medical membership for FY13, as discussed on the Company’s 4Q12 earnings conference call. Comments taken from an 8-K filing.
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April 15, 2014
06:32 EDTCIPatients paying much more for specialty drugs, NY Times says
The amount that patients with certain diseases must pay for specialty drugs has increased significantly, a research firm reported, according to The New York Times. Meanwhile, consumers' use of health care increased in 2013 for the firm time in three years, the newspaper quoted the firm, the IMS Institute for Healthcare Informatics, as saying. Publicly traded drug makers include AstraZeneca (AZN), Bristol-Myers (BMY), Eli Lilly (LLY), GlaxoSmithKline (GSK), Johnson & Johnson (JNJ), Merck (MRK), Novartis (NVS), Pfizer (PFE), Roche (RHHBY) and Sanofi (SNY). Publicly traded health insurers include AMERIGROUP (AGP), Aetna (AET), Centene (CNC), Cigna (CI), Health Net (HNT), Healthspring (HS), Humana (HUM), Molina Healthcare (MOH), UnitedHealth (UNH), WellCare (WCG) and WellPoint (WLP).Reference Link
April 8, 2014
10:18 EDTCICMS says Medicare Advantage reimbursement to rise in 2015
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09:23 EDTCILeerink views final rates as favorable for MA plans
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April 7, 2014
19:13 EDTCICMS issues 2015 rate announcement for Medicare Advantage and Part D programs
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10:02 EDTCICigna announces first collaborative care program in South Florida
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