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 announces 40 more Aetna-related layoffs
2 days ago · CVS Health, the parent of Aetna Inc., informed the state and city of Hartford on Monday that it will lay off 42 more employees who work for the Hartford-based health insurer. In a Worker ...
CVS Health cuts 42 more jobs linked to Aetna HQ in Hartford
3 days ago · CVS Health plans 42 more layoffs at the Aetna headquarters in Hartford, with most job cuts coming to remote workers based in other states, according to a WARN notice filed with the state Labor ...
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 weighing a breakup. What does it mean for the big …
Oct 1, 2024 · A key focus of the breakup effort appears to be the underperformance of health insurer Aetna, which CVS acquired in November 2018 for $70 billion, as well as increased government scrutiny on ...
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...
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 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...
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.
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...
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