Latest CVS Health Corp News
Aetna agrees to settle lawsuit over fertility coverage for LGBTQ+ customers
Aetna has agreed to settle a lawsuit that accused the health insurer of discriminating against LGBTQ+ customers in need of fertility treatment. Under the deal announced Friday, the insurer will make coverage of artificial insemination standard for all customers nationally and work to...
Amazon, Pinterest rise; Starbucks, CVS Health fall, Wednesday, 5/1/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday: Amazon.com Inc., up $4 to $179. The e-commerce giant beat Wall Street's first-quarter earnings and revenue forecasts. Advanced Micro Devices Inc., down $14.11 to...
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
CVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street’s forecast. Shares of the health care giant plunged Wednesday after the company said it was still struggling with rising costs from care use in its Medicare Advantage...
CVS Health: Q1 Earnings Snapshot
WOONSOCKET, R.I. (AP) — WOONSOCKET, R.I. (AP) — CVS Health Corporation (CVS) on Wednesday reported first-quarter net income of $1.11 billion. On a per-share basis, the Woonsocket, Rhode Island-based company said it had net income of 88 cents. Earnings, adjusted for one-time gains...
CVS Health grows more cautious about 2024 as it deals with rising Medicare Advantage costs
Busy Medicare Advantage businesses have CVS Health and other insurance providers spooked about the new year. The health care giant said Wednesday that it was scaling back already cautious expectations for 2024 as it tries to understand why costs keep rising from the privately run...
CVS Health: Q4 Earnings Snapshot
WOONSOCKET, R.I. (AP) — WOONSOCKET, R.I. (AP) — CVS Health Corporation (CVS) on Wednesday reported fourth-quarter profit of $2.05 billion. On a per-share basis, the Woonsocket, Rhode Island-based company said it had profit of $1.58. Earnings, adjusted for one-time gains and...
