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News
Companies Abandon Group Health Coverage as Costs Climb
1+ hour, 48+ min ago (588+ words) Health insurance has always come with the job for most Americans. You get hired, your employer picks a plan, and it covers a big chunk of the bill. That model is cracking. More companies are leaving group insurance behind and…...
Employers Cut Weight-Loss Drug Coverage as Costs Surge
1+ week, 6+ day ago (302+ words) After years of strong growth, the obesity drug market is now slowing as businesses and health insurers cut back on coverage, signaling a more cautious phase. Brian Evanko, Cigna's CEO, said, "Cigna has stopped covering Wegovy and Zepbound for its…...
Humana Beats Q2 Estimates but Holds Forecast; Stock Falls 6%
2+ week, 16+ hour ago (444+ words) Total revenue rose to $40.87 billion, compared to $32.39 billion in the same quarter last year. Humana's medical benefit ratio - the portion of premiums used for medical claims - was 91.2% in Q2. That matches both analyst estimates and the company's own internal forecast. A…...