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How CVS turned its cigarette ban into a strategic weapon (RAD, CVS)
America's big pharmacy chains are taking massive, multi-billion dollar actions in their efforts to steal each other's business.On Wednesday, Rite Aid announced a $2 billion deal to acquire EnvisionRX,...
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UnitedHealth is paying a whopping $12.8 billion to boost its pharmacy business
(Reuters) - Health insurer UnitedHealth Group agreed to buy Catamaran Corp in a deal worth about $12.8 billion to boost its pharmacy benefit business as it competes with bigger rivals such as Express...
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The word is this company could be the target of the next big healthcare deal...
Pharmacy services company PharMerica's shares are are up more than 50% in 2015.This week, they reached an all-time high.One possible reason: People in the investment banking and healthcare industries...
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UnitedHealth might ditch Obamacare (UNH)
UnitedHealth Group might ditch the Affordable Care Act, aka Obamacare.In a release Thursday morning, UnitedHealth said the company is "evaluating the viability of the insurance exchange product segment...
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UnitedHealth CEO defends his warning that the company might bail on Obamacare...
NEW YORK (Reuters) - UnitedHealth Group Inc's chief executive officer on Tuesday defended the company's possibly exiting the Obamacare health insurance exchanges in 2017, citing losses on health plans...
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UnitedHealth CEO: Joining Obamacare was a 'bad decision'
Insurance giant UnitedHealth Group on Tuesday seemingly took another step closer to bailing out of Obamacare in 2017 when its top corporate executive engaged in more public handwringing over financial...
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The biggest US insurer's exit from Obamacare is bad news for consumers
NEW YORK (Reuters) - UnitedHealth Group's decision to exit most of its Obamacare health insurance exchanges next year means rivals will need to raise prices further to prop up an unprofitable business,...
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One of the main reasons insurance companies are ditching Obamacare isn't...
Obamacare has a millennials problem, and the healthcare program is struggling to get rid of it.To recap, one of the main reasons that large health insurance firms such as Aetna and United Healthcare...
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President Obama just sent a letter to health insurance CEOs asking for help...
President Barack Obama is enlisting the help of some health insurance companies to try to fix the Affordable Care Act, better known as Obamacare.Obama dropped by a meeting with Secretary of Health and...
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There are now 5 states with only one insurance company offering Obamacare...
South Carolina became the fifth state to have only one company offering health insurance through its Affordable Care Act exchange.The South Carolina Department of Insurance announced on Tuesday that...
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UnitedHealth profit explodes after ditching most of its Obamacare business (UNH)
UnitedHealth Group, the largest US health insurer, reported better-than-expected quarterly profit and revenue, helped by strength in its Optum business.The company also increased its forecast for 2016...
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UNITEDHEALTHCARE CFO: Obamacare is still losing us money but it's not getting...
The Affordable Care Act, better known as Obamacare, is still taking a serious chunk out of UnitedHealthcare's profits, according to its CFO, but at least it's not getting any worse.In the company's...
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It's do or die for Obamacare ($AET, $UNH)
The Affordable Care Act is facing a huge test.Tuesday marks the start of open enrollment for the 2017 plan year of the ACA's public exchanges. That's the part of the law, better known as Obamacare,...
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UnitedHealth is being sued by the US government over Medicare charges (UNH)
The U.S. Justice Department has joined a whistleblower lawsuit against UnitedHealth Group Inc. that claims the country's largest health insurer and its units and affiliates overcharged Medicare...
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UnitedHealth crushes earnings in its first quarter since dumping most of its...
UnitedHealth Group posted stronger-than-expected earnings Tuesday in the first quarter without the bulk of its Affordable Care Act-compatible individual health-insurance business.The insurance giant...
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The CEO of America's largest health insurer said he doesn't know any more...
Even the CEO of the US' largest health insurer by number of people covered has no more insight into the tumultuous healthcare fight than anyone else, he told analysts during the insurer's first-quarter...
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UnitedHealth beats and raises its forecast
(Reuters) - UnitedHealth Group Inc, the largest U.S. health insurer, reported a better-than-expected quarterly profit, driven by growth across its businesses and raised its full-year earnings...
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A startling lawsuit against CVS could blow up what you thought you knew about...
What if paying for a drug with insurance didn't cost you less, but made the drug more expensive?That's what a new lawsuit filed against CVS is alleging. The suit claims that the pharmacy agrees with...
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UnitedHealth names David Wichmann CEO (UNH)
(Reuters) - UnitedHealth Group Inc said on Wednesday president David Wichmann will become the company's chief executive, succeeding Stephen Hemsley, who is moving to the newly created role of executive...
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UnitedHealth sees a boost from its pharmacy benefit management business,...
(Reuters) - UnitedHealth Group Inc, the largest U.S. health insurer, reported a stronger-than-expected quarterly profit and raised its full-year earnings forecast, helped by strength in its pharmacy...
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