Healthcare reporter for Bloomberg News

Humana Echoes Obamacare Warning Following UnitedHealth Exits

bloomberg.com — Humana Inc. is set to exit Obamacare markets in at least two states to stem financial losses, another sign of the struggles that health insurers face in the controversial program after UnitedHealth Group Inc. moved to back out of most of the government-run exchanges.

The blues singer who created America's hated drug-pricing model

The blues singer who created America's hated drug-pricing model
chicagotribune.com — To patrons of the Rum Boogie Cafe in Memphis, he's Mick, a skilled guitarist with a bushy white beard who favors fedoras and sings soulful tunes about fishing and drinking. To Americans outraged by pharmaceutical prices, he just might be the guy to blame. Not that they would know him.

The Blues Singer Who Created America's Hated Drug-Pricing Model

The Blues Singer Who Created America's Hated Drug-Pricing Model
bloomberg.com — To patrons of the Rum Boogie Cafe in Memphis, he's Mick, a skilled guitarist with a bushy white beard who favors fedoras and sings soulful tunes about fishing and drinking. To Americans outraged by pharmaceutical prices, he just might be the guy to blame. Not that they would know him.

Sewer or Not? Valeant Pits Ackman Against Buffett in Clash

Sewer or Not? Valeant Pits Ackman Against Buffett in Clash
bloomberg.com — Billionaires Warren Buffett and Bill Ackman couldn't be further apart on Valeant Pharmaceuticals International Inc. In back-to-back television interviews Monday on CNBC, Buffett lambasted the embattled drugmaker over its price increases and business practices, while Ackman -- whose firm Pershing Square Capital Management LP is one of Valeant's biggest holders -- praised its great products.

Valeant Falls After Buffett Calls Business `Enormously Flawed'

bloomberg.com — Valeant Pharmaceuticals International Inc. declined as much as 13 percent, the most in a month and a half, after billionaire Warren Buffett criticized the drugmaker's strategy at the annual meeting of his company, Berkshire Hathaway Inc. Valeant was down 12 percent to $29.38 at 11:11 a.m. in New York.

Aetna raises 2016 forecast after profit tops estimates

Aetna raises 2016 forecast after profit tops estimates
benefitspro.com — Aetna Inc. , the No. 3 U.S. health insurer by membership, raised its earnings forecast for the year after first-quarter profit topped analysts' estimates, helped by rising premiums. The health insurer now expects 2016 earnings of $7.90 to $8.10 a share, excluding some items, up from a February forecast of at least $7.75, according to a statement Thursday.

Aetna Raises 2016 Forecast After Profit Tops Estimates

bloomberg.com — Aetna Inc., the No. 3 U.S. health insurer by membership, raised its earnings forecast for the year after first-quarter profit topped analysts' estimates, helped by rising premiums. The health insurer now expects 2016 earnings of $7.90 to $8.10 a share, excluding some items, up from a February forecast of at least $7.75, according to a statement Thursday.

Abbott to Buy St. Jude Medical in Deal Valued at About $25 Billion

bloomberg.com — Abbott Laboratories agreed to buy St. Jude Medical Inc. in a deal that values the maker of heart devices at $25 billion, expanding its cardiovascular offerings as the industry consolidates to gain bargaining power with hospitals. St.

Valeant Sets Incoming CEO Joe Papa's Pay at $67.4 Million

bloomberg.com — Valeant Pharmaceuticals International Inc. will pay incoming Chief Executive Officer Joe Papa about $67.4 million in cash, options and restricted stock for this year.

Anthem Profit Beats Estimates as Insurer’s Enrollment Increases

bloomberg.com — Anthem Inc., the No. 2 U.S. health insurer, posted first-quarter profit that beat analysts' estimates as medical membership increased. Earnings were $3.46 a share, excluding some items, Anthem said Wednesday in a statement, compared with the $3.32 average of 19 predictions compiled by Bloomberg.
More Articles →
May 06, 2016

RT @ddiamond: At current pace, health care will become the biggest job sector in America within 3 years. pic.twitter.com/35BhZlFmaG

May 06, 2016

Obamacare premiums are probably gonna go up a lot for next year, for real, @sangerkatz reports: nytimes.com/2016/05/07/ups…

May 06, 2016

For the morning Obamacare crowd - Humana's ACA retreat leaves 1 insurer in Alabama bloomberg.com/news/articles/…

May 05, 2016

RT @khemp64: Products could get skinnier. Maybe less gold AND less bronze. Most of all, local conditions will vary. twitter.com/ZTracer/status…

May 05, 2016

What to think about when you think about 2017 ACA premiums (if you're a thinking-about-ACA-premiums type) kff.org/private-insura…

May 05, 2016

One insurer left in AL ACA exchange after Humana exit. Keep an eye on Southern states like GA, TN ht @cynthiaccox (bloomberg.com/news/articles/…

May 05, 2016

Also appears to be some good news for Mississippi Obamacare market, where Humana is sticking around bloomberg.com/news/articles/…

May 05, 2016

Humana is exiting Alabama & Virginia ACA markets, scaling back in Colorado and ¯\_(ツ)_/¯ in some other states httpbloomberg.com/news/articles/…

May 05, 2016

RT @cynthiaccox: FWIW, BCBS of Alabama held almost all of the individual market pre-ACA too kff.org/other/state-in… @sarahkliff @sangerkatz@charles_gaba@charles_gaba


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