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Stock Market & Financial Investment News

News Breaks
February 3, 2014
06:02 EDTCNCCentene subsidiary awarded Mississippi statewide Medicaid contract
Centene announced that the state of Mississippi has awarded its subsidiary, Magnolia Health Plan, a statewide managed care contract to continue serving members enrolled in the Mississippi Coordinated Access Network program, as one of two contractors. Magnolia has been serving members in the MississippiCAN program since 2011. Under the new contract, Magnolia will continue providing outpatient, behavioral health, pharmacy, vision and dental services, and will also begin providing non-emergency transportation as of July 1. The MississippiCAN program covers the Supplemental Security Income, Foster Care, Breast and Cervical Cancer, Pregnant Women, Children and TANF populations throughout the state of Mississippi.
News For CNC From The Last 14 Days
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June 25, 2015
11:06 EDTCNCHospitals, insurers climb after Supreme Court rules on ACA subsidies
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10:11 EDTCNCACA tax subsidies upheld by Supreme Court
The decision of the Fourth Circuit was affirmed in King v. Burwell by a vote of 6 to 3, according to multiple media reports. The Supreme Court upholding the lower court ruling means that individuals who get health insurance through an exchange established by the federal government will be eligible for tax subsidies in all 50 states. Publicly traded companies in the health insurance space include Aetna (AET), Anthem (ANTM), Centene (CNC), Cigna (CI), Health Net (HNT), Humana (HUM), Molina Healthcare (MOH), UnitedHealth (UNH) and WellCare (WCG). Publicly traded companies in the hospital space include Community Health (CYH), HCA Holdings (HCA), LifePoint (LPNT), Tenet (THC) and Universal Health (UHS).
June 22, 2015
06:37 EDTCNCHealth insurers may change policies based on King v. Burwell ruling, NYT says
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June 19, 2015
10:09 EDTCNCFly Watch: Supreme Court may release key ACA decision soon
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June 18, 2015
07:51 EDTCNCIncrease in 3R backstop most positive for Humana, says Leerink
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