Medicare advantage articles
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CVS Stock Plunges as Medicare Advantage Costs Spike
CVS Health came up short of Q1 earnings estimates and slashed its full-year outlook as medical costs surged. Here's what you need to know.
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CVS tumbles as Aetna faces soaring medical costs and Medicare Advantage hit
CVS echoed rivals in forecasting persistent increases in payouts tied to a surge in post-Covid medical care.
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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 morning after the company said it was still struggling with rising costs from care use in its Medicare Advantage business. Medicare Advantage plans are privately run versions of the federal government’s Medicare program for people age 65 and older.