Insurance industry

FILE- In this Aug. 7, 2018, file photo a CVS Pharmacy building sign rests on a Jackson, Miss., store. CVS Health reports financial results Wednesday, May 1, 2019. (AP Photo/Rogelio V. Solis, File)
May 01, 2019 - 8:24 am
Earnings power from a major acquisition helped push profit at CVS Health up 42% in the first quarter and the company raised its 2019 forecast after it had started the year with a more pessimistic outlook. CVS now expects adjusted earnings this year to range from $6.75 to $6.90 per share. That's up...
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April 30, 2019 - 9:45 am
MIAMI (AP) — A federal judge in Miami recused himself from judging a lawsuit over an insurance company's denial of coverage for a prostate cancer treatment, calling it "immoral and barbaric." The Miami Herald reports U.S. District Judge Robert Scola cited his personal experience with prostate...
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FILE - In this April 3, 2019 file photo, TobyMacFarlane departs federal court in Boston after facing charges in a nationwide college admissions bribery scandal. Authorities said Tuesday, April 23, that MacFarlane, a former senior executive at a title insurance company, will plead guilty to racketeering conspiracy and cooperate with federal authorities in the case. (AP Photos/Michael Dwyer, File)
April 23, 2019 - 5:20 pm
BOSTON (AP) — A former University of Southern California soccer coach and a California insurance executive became the latest people to agree to plead guilty in a college admissions cheating scandal that has netted prominent parents and Hollywood stars, federal prosecutors said Tuesday. Laura Janke...
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FILE - In this Sept. 24, 2018 file photo Bill Cosby arrives for his sentencing hearing at the Montgomery County Courthouse in Norristown, Pa. The Imprisoned actor says his insurance company is settling another lawsuit filed by a woman accuser without his permission. In a statement, Cosby accuses American International Group Inc. of “egregious behavior." The 81-year-old is serving a three- to 10-year prison term, after a jury found he sexually assaulted a woman at his home in 2004. (AP Photo/Matt Slocum, File)
April 16, 2019 - 12:11 pm
PHILADELPHIA (AP) — Bill Cosby says his insurance company is settling another accuser's lawsuit without his permission, a week before his scheduled deposition. Cosby in a statement accuses American International Group Inc. of "egregious behavior." He says he could have proven he was in New York...
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FILE - In this June 15, 2018 file photo, United Healthcare correspondence is seen in North Andover, Mass. UnitedHealth Group is reporting strong first-quarter driven by its main insurance business, as well as its pharmacy benefits division. The Minnetonka, Minn., company on Tuesday, April 16, 2019 reported net income of $3.47 billion, or $3.56 per share. Earnings, adjusted for amortization costs, were $3.73 per share, topping Wall Street estimates by 13 cents, according to a survey by Zacks Investment Research. (AP Photo/Elise Amendola, File)
April 16, 2019 - 7:46 am
UnitedHealth Group beat first-quarter expectations and raised its 2019 forecast, as the nation's largest insurer increased Medicare coverage and received another boost from its growing business outside health insurance. The performance softened, at least temporarily, an unusual stock price slump so...
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Sen. Bernie Sanders, I-Vt., introduces the Medicare for All Act of 2019, on Capitol Hill in Washington, Wednesday, April 10, 2019. (AP Photo/Manuel Balce Ceneta)
April 10, 2019 - 3:43 pm
WASHINGTON (AP) — Sen. Bernie Sanders of Vermont unveiled a revamped version of his "Medicare for All" plan on Wednesday, shaking up the 2020 presidential race by renewing his call for replacing job-based and private health insurance with a government plan that guarantees coverage for all. "It is...
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Prime Therapeutics Senior Vice President, General Counsel, and Interim President and Chief Executive Officer Mike Kolar, right, testifies before the Senate Finance Committee on Capitol Hill in Washington, Tuesday, April 9, 2019, during a hearing to explore the high cost of prescription drugs. He is joined at the table by, from left, Cigna Corporation Executive Vice President and Chief Clinical Officer Steve Miller, CVS Caremark President and CVS Health Executive Vice President Derica Rice, Humana Healthcare Services Segment President William Fleming and OptumRx Chief Executive Officer John Prince. (AP Photo/Susan Walsh)
April 09, 2019 - 2:29 pm
Patient bills, competition and secrecy shared the spotlight Tuesday as pharmacy benefit managers testified before Congress about prescription drug prices. Members of a Senate Finance Committee investigating drug costs pushed the benefit managers to explain why they can't do more to control prices...
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FILE - This Jan. 18, 2017, file photo shows a CVS Pharmacy in Pittsburgh. CVS Health is expanding same-day prescription deliveries nationwide in the latest push by drugstores to keep customers who don’t want to wait and are doing more shopping online. (AP Photo/Gene J. Puskar, File)
April 04, 2019 - 10:43 am
CVS Health is expanding same-day prescription deliveries nationwide in the latest push by drugstores to keep customers who don't want to wait and are doing more shopping online. The drugstore chain says it can deliver medications and other products within a few hours to homes or offices from 6,000...
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FILE - In this June 3, 2017 file photo North Carolina Republican Party Chairman Robin Hayes speaks during the North Carolina Republican Party State Convention at the Wilmington Convention Center in Wilmington, N.C. Hayes won't seek re-election to the post after all, the former congressman announced Monday, April 1, 2019. (AP Photo/Mike Spencer, File)
April 02, 2019 - 6:14 pm
RALEIGH, N.C. (AP) — The chairman of North Carolina's Republican Party, an insurance magnate and two of his associates are facing federal charges for a plan to shower the state's top insurance regulator with campaign contributions to ensure special business treatment, a criminal indictment unsealed...
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Speaker of the House Nancy Pelosi, D-Calif., joined at left by Energy and Commerce Committee Chair Frank Pallone, D-N.J., speaks at an event to announce legislation to lower health care costs and protect people with pre-existing medical conditions, at the Capitol in Washington, Tuesday, March 26, 2019. The Democratic action comes after the Trump administration told a federal appeals court that the entire Affordable Care Act, known as "Obamacare," should be struck down as unconstitutional. (AP Photo/J. Scott Applewhite)
March 27, 2019 - 2:13 pm
Centene is spending more than $15 billion on rival WellCare to dive deeper into government-funded health coverage in the same week that President Donald Trump's administration renewed its attack on the Affordable Care Act. The insurer said Wednesday that its cash-and-stock deal to buy WellCare will...
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