5 Stories

$48B Health Care Deal Could 'Reshape Industry'

Anthem-Cigna news comes just weeks after Aetna-Humana announcement

(Newser) - In a deal that the Wall Street Journal says could "reshape the US health industry," Anthem has agreed to buy Cigna for more than $48 billion—forming a combined entity that will cover more than 53 million people. Just weeks after Aetna announced it plans to acquire Humana... More »

Health Insurance Ads Go Cuddly

Firms shift marketing toward individual consumers

(Newser) - Health insurers are targeting a new audience: you. If the health care law's individual mandate remains intact, the companies could be looking at 120 million new potential customers by 2020, an analyst tells the New York Times . Regardless of the Supreme Court decision on the law, insurers believe the... More »

Health Insurance Execs Cash In, Jack Premiums

Those heading 5 biggest companies took home $200M

(Newser) - As their companies slammed policyholders with double-digit rate increases, top executives at the nation's five largest insurance companies gave themselves hefty raises last year, pulling in a total of almost $200 million. Of the heads of Cigna, Humana, UnitedHealth Group, WellPoint, and Aetna, only one took a paycut—Aetna's CEO... More »

Insurers Propel Dow Down 89

Obama budget boosts some financials

(Newser) - Stocks turned lower today amid grim economic news and varied responses to President Obama’s budget, the Wall Street Journal reports. Durable goods sank and jobless claims rose, and insurers Aetna and Humana dropped sharply over fears of adverse effects from the administration's healthcare reform. The Dow fell 88.81... More »

'Privatized' Medicare Dupes Elderly: Audits

Providers accused of cutting coverage, ignoring complaints

(Newser) - Dems are likely loading political ammo after audits show that Medicare providers have cut thousands from coverage and snubbed those who complain. What's more, HIV/AIDS patients have been booted, standards flouted and phones left ringing. Dems have long opposed efforts to "privatize Medicare," but feds say the changes... More »

5 Stories