Official: ND's dominant insurer takes 'positive step' with pledge to cut questionable expensesOctober 15th, 2009 ND commissioner: Insurer taking positive stepBISMARCK, N.D. — Blue Cross Blue Shield of North Dakota's promise to cut questionable expenses will help rebuild policyholders' trust in the company, the state insurance commissioner said Thursday.
Colorado insurer reverses policy that denied coverage for hefty babiesOctober 12th, 2009 Colo. insurer changes course on fat infantsDENVER — A Colorado insurance company is changing its attitude about fat babies. Rocky Mountain Health Plans said Monday it will no longer consider obesity a "pre-existing condition" barring coverage for hefty infants.
Health insurers continue mixed trading as health care reform debate continues in CongressSeptember 18th, 2009 Health insurers trade mixed as debate continuesNEW YORK — Shares of health insurers traded mixed Friday as the debate over a Senate committee's health care-reform proposal continues. On Wednesday, Sen.
Consumer group says 2 health insurers illegally told workers to lobby against health reformSeptember 2nd, 2009 Group: Insurers urged workers to fight reformNEW YORK — A consumer group says health insurers UnitedHealth and WellPoint pressured their employees to contact members of Congress and lobby against health care reform proposals that the companies disagreed with. In a letter to California Attorney General Jerry Brown, the group Consumer Watchdog maintains both companies violated state labor laws.
Heath insurer stocks dip lower than market after Congress asks for financial informationAugust 19th, 2009 Health insurance stocks dip lower than marketINDIANAPOLIS — Managed care stocks dipped slightly lower than the overall market Wednesday, after insurers received more bad publicity with letters from Congress asking for executive compensation details and other financial information. Several stocks fell around 1 percent while the broader Standard & Poor's 500 index climbed slightly.
Cigna 2nd-quarer profit rises 60 percent, company raises outlook but enrollment fallsJuly 30th, 2009 Cigna 2Q profit climbs, enrollment fallsINDIANAPOLIS — Health insurer Cigna Corp. said Thursday its second-quarter profit jumped 60 percent on a more favorable interest rate and other items but, like other major health insurers, enrollment tumbled as employers cut jobs.
Health insurer WellPoint reports profit slump in 2nd quarter on investment lossJuly 29th, 2009 WellPoint 2Q profit slumps on investment lossINDIANAPOLIS — WellPoint Inc., one of the nation's biggest health insurers, said Wednesday its profit fell 7.6 percent in the second quarter as it felt the effect of investment losses and continued to see enrollment declines. Its earnings excluding the investment losses topped Wall Street estimates, and it reaffirmed its full-year guidance.
Health insurer WellPoint reports 2nd quarter profit drop, shares fall on enrollment lossJuly 29th, 2009 WellPoint 2Q profit, enrollment tumbleINDIANAPOLIS — Shares of WellPoint Inc. tumbled Wednesday after the health insurer reported a second-quarter profit drop and enrollment that slid further than analysts expected.
Aetna says profit dropped due to greater commercial expenses and cuts full year forecastJuly 27th, 2009 Aetna 2Q profit slides on commercial medical costsINDIANAPOLIS — Shares of Aetna Inc. plunged in premarket trading Monday morning, after the health insurer said its profit skidded 28 percent in the second quarter due to higher medical expenses in its commercial business, which it expects to continue for the rest of the year.
Mass. Cardinal ends Catholic hospital system link to insurer over abortion controversyJune 27th, 2009 Mass. Cardinal ends Caritas link to insurerBOSTON — Boston Cardinal Sean O'Malley has ended a joint venture between a hospital system founded by the archdiocese and a Missouri-based health insurer, fearing it linked Catholic hospitals too closely to abortion providers. O'Malley has been criticized for allowing Caritas Christi Health Care to partner with Centene Corp., which covers abortion services.
Travelers Cos. 1st-quarter profit falls 32 percent on investment lossesApril 30th, 2009 Travelers Cos. 1Q profit falls 32 percentNEW YORK — The Travelers Cos.
Health insurer Aetna reports slight 1st-quarter profit increase; membership risesApril 29th, 2009 Aetna reports slight 1Q profit increaseINDIANAPOLIS — Managed-care company Aetna Inc. said Wednesday its first-quarter profit rose slightly due to membership gains and premium increases, even though the company saw higher-than-expected medical costs.
Humana's 1st-quarter profit more than doubles as on health plan enrollment increaseApril 27th, 2009 Humana 1Q profit more than doublesLOUISVILLE, Ky. — Health insurer Humana Inc.
WellPoint says 1st-quarter profit dipped on $288.4M investment loss, cuts outlookApril 22nd, 2009 WellPoint 1Q profit slips 1 percent on investmentsINDIANAPOLIS — WellPoint Inc. said Wednesday its profit fell 1 percent in the first quarter due mainly to investment losses, and the health insurer narrowed its outlook for the year.
Birla lays off employees at auto trim unitJanuary 5th, 2009 MUMBAI - Conglomerate Birla Corp Tuesday announced it had decided to lay off employees at the company's Birlapur auto trim division. In a regulatory statement, the company said the decision was taken on account of shortage of power.
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