Coventry Health Care Inc.

Medicaid managed care move gets final approval

2013-06-14 18:55:17

TALLAHASSEE — The federal government gave final approval Friday to Florida's long-debated proposal to overhaul the Medicaid system by requiring beneficiaries statewide to enroll in HMOs and other types of managed-care plans. The decision was not...

Aetna Beats Analysts' Expectations, Net Income Lower On Coventry Purchase

2013-04-30 13:41:12

Aetna beat analysts' expectations Tuesday, reporting strong operating income for the first three months of the year compared with 2012. Net income was lower, however, because of costs related to buying Coventry Health Care Inc. Aetna announced plans in...

CareFirst proposes 25 percent rate increase under health care reform

2013-04-24 19:24:49

Blaming the cost to implement health care reform, the state's largest health insurer has proposed eye-popping rate increases to state regulators for individuals and small businesses. CareFirst BlueCross BlueShield wants to raise rates an average of 25...

Florida-based health insurance company contracts being terminated, no gap in Medicare coverage

2013-03-29 17:06:00

Senior citizens enrolled in medical and prescription plans through a Florida-based health insurance company will not see a gap in their Medicare coverage, despite the company’s contracts being terminated April 1, according to the Centers for...

Senior expo at Hard Rock Friday

2013-01-15 13:38:00

�The Ninth Semi-Annual Boomer Expo presented by BoomerTimes & SeniorLife will take place from 10 a.m. – 5 p.m. Friday in the ballroom at the Seminole Hard Rock Hotel & Casino. The free event for active adults, sponsored by Memorial Healthcare...

U.S. stocks end higher despite negative news much of year

2013-01-01 00:00:00

Despite all the cliff drama in the past week that sent stocks spiraling downward, all three major U.S. stock indices ended the year higher — which might come as a surprise to many investors U.S. stocks rallied Monday in the last hours of trading...

Coventry Health Care Shareholders Vote To Approve Acquisition By Aetna For $5.6 Billion

2012-11-21 14:06:36

Shareholders of Coventry Health Care Inc. on Wednesday overwhelmingly approved acquisition by Aetna Inc. in a deal that is expected to close in the middle of next year. Aetna announced in August that it will pay about $5.6 billion to acquire Coventry, of...

Coventry Health Care To Pay $3 Million To Avoid Prosecution In Medicare Case

2012-11-20 14:22:25

The Bethesda, Md., health insurer that Aetna Inc. is planning to acquire for $5.6 billion agreed to pay millions of dollars to avoid criminal prosecution. The payment by Coventry Health Care Inc. is related to the company gaining advantage over...

Insurer to pay $3 million to avoid prosecution in Medicare case

2012-11-19 15:13:58

A Bethesda-based insurance company that gained advantage over competitors by allowing its employees to inappropriately access a federal Medicare database has agreed to pay the federal government $3 million to avoid criminal prosecution, according to the...

Cigna Raises Full-year Adjusted Earnings Forecast Again

2012-11-01 15:39:05

Health insurer Cigna Corp.'s quarterly profit more than doubled as its acquisition of Medicare specialist HealthSpring drove growth in premiums and fees, prompting the company to raise its full-year profit outlook for the third time this year. Premium...

Aetna's Earnings Beats Analysts' Expectations On Higher Premiums, Lower Medical Costs

2012-10-25 06:35:00

Aetna beat analysts' expectations with third-quarter earnings that benefited from higher premiums and lower medical costs. "Our emerging businesses strategy continues to see positive results from collaboration with providers, including lower costs,...

UnitedHealth To Acquire Brazil's Largest Health Care Company For $4.9 Billion

2012-10-08 15:51:00

UnitedHealth Group's plans to spend $4.9 billion on Brazil's biggest health care company is the insurer's priciest acquisition in years, giving it a huge stake in Latin America as U.S. companies compete for a rapidly growing middle-class market around the...

"Doc Bear" from Coventry Health Care greets people along the parade route.

2012-10-07 00:00:00

"Doc Bear" from Coventry Health Care greets people along the parade route at the Columbus Day parade which began at the corner of Key Highway and Light street, to a right on Pratt St. and continued past Columbus Piazza on President St.

2012-10-07 00:00:00