Tag Archives: insurers

Former Aetna CEO Mark Bertolini talks about CVS, the Amazon experience and how insurers stay relevant

The $ 69 billion purchase of Aetna helped CVS Health boost third quarter net income by 10% compared to the prior year. The difference was primarily due to higher operating income from the impact of the Aetna acquisition close to a year earlier, CEO and President Larry Merlo said. It was an acquisition put in… Read More »

U.S. government boosts 2020 Medicare payments to insurers by 2.53 percent

NEW YORK (Reuters) – The U.S. government on Monday said it would increase by 2.53 percent on average 2020 payments to the health insurers that manage Medicare Advantage insurance plans for seniors and the disabled, a reflection of a new estimate on medical cost growth. FILE PHOTO: A photo illustration shows a stethoscope and blood-pressure… Read More »