CVS Health CEO Takes Charge At Aetna After Insurer’s Latest Miss - Forbes
Aug 7, 2024 · CVS Health chief executive Karen S. Lynch is taking over “day-to-day management” of the company’s Aetna health insurance business after its latest poor performance.
CVS Health announces 164 more job cuts at Aetna - CT Insider
5 days ago · All of the Aetna employers being laid off are working remotely from multiple states... With Friday's layoff announcement, a total of 1,212 jobs have been cut at Aetna in Hartford since August of 2023 as the company aims to cut expenses. ... Business New Haven, the New York Daily News and the Asahi Evening News in Tokyo. Most Popular. 1 ...
Aetna executive ousted as CVS’ Medicare Advantage woes drag …
Aug 7, 2024 · CVS slashed its earnings guidance for the third time this calendar year as rising medical costs continue to pressure the bottom line of its insurance segment Aetna, according to financial results...
CVS is willing to dump 10% of its Medicare Advantage members
May 14, 2024 · CVS, through its Aetna subsidiary, is the third-largest Medicare Advantage insurer, with more than 4.2 million enrollees as of April, according to the latest federal data. That means next year...
Why CVS Health Won’t Break Off Aetna From Its Medical …
Oct 3, 2024 · CVS sells an increasing number of Aetna brand health plans that offer discounts when its medical care providers are used in those health insurance products.
88% of Aetna Medicare Advantage Members in 4-Star Plans or …
WOONSOCKET, R.I., Oct. 10, 2024 — Aetna®, a CVS Health ® company (NYSE: CVS), announced today that 88 percent of its Medicare Advantage (MA) members are in 2025 Medicare Advantage Prescription Drug (MAPD) plans that are rated 4 stars or higher (out of 5 stars) by the Centers for Medicare & Medicaid Services (CMS).
CVS names former UnitedHealth exec to run Aetna, shares jump
Nov 6, 2024 · CVS Health on Wednesday named Steve Nelson, a former UnitedHealth insurance head, to run its Aetna business, where rising medical costs in the third quarter caused the company to preannounce an...
CVS removes top Aetna leader as higher medical costs eat further …
Aug 7, 2024 · Facing rising expenses for Aetna's Medicare Advantage plan, CVS removed the top executive who'd overseen the MA expansion, lowered 2024 profit estimates.
Can the new CVS CEO handle the Aetna challenge? | Reuters
Oct 21, 2024 · As CVS Health's new CEO David Joyner steps into the top job, Wall Street analysts and some investors are questioning whether he has the right experience to turn around the Aetna health insurance...
CVS CEO Karen Lynch takes over 'day-to-day' operations at Aetna
Aug 7, 2024 · CVS Health is making changes at the top of its Aetna division as the insurer navigates choppy waters. The company said in its earnings report released Wednesday morning that CEO Karen Lynch will...