Managed Health Care

Late last week, health insurance company CIGNA Corp. (CI) received rating action from A.M. Best Co. wherein it affirmed the company's issuer credit rating (ICR) of “bbb.” It also affirmed the strength rating (FSR) of “A” and ICRs of “a” for some subsidiaries of CIGNA including: Connecticut...

Plum Creek Timber Company, Inc. (NYSE: PCL) today announced fourth quarter earnings of $59 million, or $0.37 per diluted share, on revenues of $356 million. Earnings for the fourth quarter of 2009 were $28 million, or $0.17 per diluted share, on revenues of $258 million. Earnings for the fourth...

HMO stocks such as United Healthcare (NYSE: UNH), Aetna (NYSE: AET) and Wellpoint (NYSE: WLP) are spiking on news that a U.S. judge has ruled that "Obamacare" is unconstitutional. If overturned, this would be a huge boon for Republicans, who have run on the premise that they would try to remove...

Health Net Federal Services, LLC, part of the Government Contracts segment of Health Net, Inc. (NYSE: HNT), today announced it was re-awarded a contract by the New Mexico VA Health Care System (NMVHCS) to provide primary and preventive health care services to an estimated 1,200 enrolled Veterans in...

It's not a bad time to be a Medicaid plan provider as the new health care law will increase the number of people in the program. Molina Healthcare Inc. (MOH) has seen its shares surge since recently issuing optimistic revenue forecasts for fiscal 2011 and 2012. But even with the shares jumping, the...

It's not a bad time to be a Medicaid plan provider as the new health care law will increase the number of people in the program. Molina Healthcare Inc. (MOH) has seen its shares surge since recently issuing optimistic revenue forecasts for fiscal 2011 and 2012. But even with the shares jumping, the...

Aetna (NYSE: AET) announced that it has reached agreement on a new four-year contract for Lehigh Valley Health Network (LVHN) with Lehigh Valley Physician Hospital Inc., DBA Valley Preferred. Under the agreement, the Lehigh Valley Hospital facilities in Allentown and Bethlehem will continue to...

WellPoint Inc. (WLP) reported its fourth-quarter income from continuing operations of $524.7 million or $1.33 per share, surpassing the Zacks Consensus Estimate of $1.21. This also compares favorably with the income of $536.0 million or earnings of $1.16 in the year-ago quarter. WellPoint also...

WellPoint Inc. (WLP) reported its fourth-quarter income from continuing operations of $524.7 million or $1.33 per share, surpassing the Zacks Consensus Estimate of $1.21. This also compares favorably with the income of $536.0 million or earnings of $1.16 in the year-ago quarter. WellPoint also...

Molina Healthcare, Inc. (NYSE: MOH) earlier today announced its guidance for fiscal year 2011. For the year ended December 31, 2011, the Company currently expects the financial results shown below: Premium Revenue $4.5 billion Service Revenue $170 million Investment Income $7.5 million Net...

WellPoint Inc (WLP) is scheduled to report its fourth quarter and fiscal year 2010 results before the market opens on January 26, 2011. The Zacks Consensus Estimate for the fourth quarter is $1.21 per share, representing a growth of about 4.3% over the year-ago quarter. The Zacks Consensus...

WellPoint Inc (WLP) is scheduled to report its fourth quarter and fiscal year 2010 results before the market opens on January 26, 2011. The Zacks Consensus Estimate for the fourth quarter is $1.21 per share, representing a growth of about 4.3% over the year-ago quarter. The Zacks Consensus...

Stocks on the move (CI) breaking out new high.

Triple-S Management Corporation (NYSE: GTS) today announced that Triple-S Salud, Inc. (Triple-S), its managed care subsidiary, has entered into a definitive agreement to acquire all of the outstanding capital stock of Socios Mayores en Salud Holdings, Inc. ("SMSH"), the parent company of American...