CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
Shares of the health care giant plunged Wednesday morning after the company said it was still struggling with rising costs from care use in its Medicare Advantage business.
Medicare Advantage plans are privately run versions of the federal government's Medicare program for people age 65 and older.
For the full year, analysts expect earnings of
The guidance reduction was much more significant than expected, according to Leerink analyst
In the first quarter,
Analysts expected earnings of
Shares of the
Interest rates to remain at 2-decade high until inflation further cools, Fed says
Caring for older Americans’ teeth and gums is essential but Medicare generally doesn’t cover it
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