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Medicaid, Elevance Health
Elevance makes a late cut to its 2024 forecast after seeing trouble in Medicaid
Elevance Health surprised Wall Street with a rare, late-year guidance cut Thursday after a jump in Medicaid costs marred its third quarter.
Elevance Health slashes profit forecast on persistently high medical costs
By Bhanvi Satija and Sneha S K (Reuters) -Elevance Health slashed its full-year profit forecast on Thursday, hurt by increased medical costs in its government-backed plans, becoming the latest health insurer to feel the pinch of persistently high demand for healthcare services.
Elevance Health’s stock tumbles as profit dented by ‘unprecedented’ Medicaid challenges
We remain confident in the long-term earnings potential of our diverse businesses as we navigate a dynamic operating environment and unprecedented challenges in the Medicaid business,” Chief Executive Gail K.
1d
on MSN
My sisters want to hide $170,000 of our mother’s money from Medicaid by adding their names to her bank account. What should I do?
The probate attorney says I could ask the court to remove sister No. 3 as co-executor, since she has acted unethically and ...
2d
on MSN
Elevance Shares Dive After Insurer Faces ‘Unprecedented’ Medicaid Challenge
Elevance Health earnings fell short of Wall Street projections in the latest sign of how medical expenses are squeezing ...
Crain's New York
2d
Insurance companies may seek pay increases amid Medicaid, Medicare woes
UnitedHealth and Elevance saw double-digit decreases in their stocks this week after they reported worse-than-expected ...
Jefferson Public Radio
16h
Medicaid will cover traditional healing practices for Native Americans in California, Oregon, 2 other states
The new coverage includes practices such as music therapy, sweat lodges, and drumming, which are integral to Native healing ...
McKnight's Long-Term Care News
1d
Report reveals how Medicaid payments stack up against nursing homes’ cost of care
A new government survey of 13,285 US nursing homes has found that the average provider received 82 cents on the dollar from ...
1d
on MSN
McKee administration rescinds $15 billion Medicaid contract awards. What we know.
On July 16, the McKee administration announced the "tentative" award of the massive contract to two of the three companies ...
1d
on MSN
Biden administration, states widen doorway for illegal aliens to Medicaid, hospitals
Lax border enforcement, along with policies that allow illegal immigrants to get around citizen verification, are starting to burden Medicaid and the U.S. hospital system ...
STAT
2d
Ballooning Medicaid costs challenge health insurer Elevance
On Thursday, Elevance Health disclosed in its third quarter earnings release that its medical loss ratio — the amount of ...
3d
After Blue Cross, Tufts appeal $15B Medicaid contract, state agrees to reevaluate
Rhode Island officials have agreed to take a fresh look at the bids received for a five-year, $15.5 billion Medicaid contract ...
mississippitoday.org
1d
Medicaid advisory committee, required to meet four times a year, hasn’t convened since 2023
It's been nearly a year since the committee last met, and the Division of Medicaid just postponed its Friday meeting ...
Opinion
2d
Opinion
End waste, fraud, and abuse in N.Y.’s Medicaid
A well-funded advertising campaign has charged Gov. Hochul with depriving needy New Yorkers of home care services. In truth, ...
Opinion
Starherald.net
1d
Opinion
Medicaid patients are now coveted
One of the main arguments for expanding Medicaid in Mississippi has been that it would help the state’s hospitals offset the ...
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