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Dan Loeb's Third Point Fund Has Built A Stake In Centene Worth At Least $300 Mln, Wants Co To Consider Selling Itself - CNBC, Citing Dow Jones

Friday, 24 May 2019

May 24 (Reuters) - :DAN LOEB'S THIRD POINT FUND HAS BUILT A STAKE IN CENTENE WORTH AT LEAST $300 MILLION, WANTS CO TO CONSIDER SELLING ITSELF - CNBC, CITING DOW JONES.

DFS says Acts Against Health Insurers For Violations Related To Contraceptive Coverage

Friday, 3 May 2019

May 3 (Reuters) - Department of Financial Services::DFS TAKES ACTION AGAINST HEALTH INSURERS FOR VIOLATIONS OF INSURANCE LAW RELATED TO CONTRACEPTIVE COVERAGE.DFS - INVESTIGATION FINDS THAT TEN HEALTH INSURERS, INCLUDING AETNA AND OXFORD, IMPROPERLY EXEMPTED EMPLOYERS FROM PROVIDING CONTRACEPTIVE COVERAGE.DFS - INSURERS TO PAY $509,000, ISSUE CLAIM RESTITUTION AND REIMBURSEMENTS FOR INSUREDS WHO SHOULD HAVE RECEIVED CONTRACEPTIVE COVERAGE.DFS - INSURERS IMPROPERLY GRANTED RELIGIOUS EMPLOYER EXEMPTION REQUESTS TO MORE THAN 30 ENTITIES THAT DID NOT MEET REQUIREMENTS OF INSURANCE LAW.

Cigna Says On Track To Achieve 2021 EPS Target Of $20 To $21

Thursday, 2 May 2019

May 2 (Reuters) - Cigna Corp ::CIGNA SAYS ON TRACK TO ACHIEVE 2021 EPS TARGET OF $20 TO $21 PER SHARE - CONF. CALL.CIGNA SAYS TOP CAPITAL DEPLOYMENT PRIORITY IS DEBT REPAYMENT - CONF. CALL.

Anthem To Begin Migrating Some Members To IngenioRx On May 1

Wednesday, 24 Apr 2019

April 24 (Reuters) - Anthem Inc ::ANTHEM CEO SAYS CO ON TRACK TO DELIVER FULL YEAR MEDICARE ADVANTAGE GROWTH TARGET OF GREATER THAN 20 PERCENT - CONF. CALL.ANTHEM CEO SAYS CO WILL BEGIN MIGRATING SOME MEMBERS TO INGENIORX ON MAY 1- CONF. CALL.ANTHEM SAYS EXPECTS MORE NORMALIZED YEAR-OVER-YEAR GROWTH IN GOVERNMENT SEGMENT OVER LATTER THREE QUARTERS OF THE YEAR- CONF. CALL.ANTHEM SAYS RAISED 2019 FORECAST REFLECTS STRONG FIRST-QUARTER, RAISED REVENUE EXPECTATIONS- CONF. CALL.ANTHEM SAYS VERY FOCUSED ON TUCK IN ACQUISITIONS THAT ENHANCE CAPABILITIES SPECIFICALLY WITH DIVERSIFIED BUSINESS GROUP - CONF. CALL.ANTHEM EXECUTIVE SAYS ABOUT M&A OPPORTUNITIES: "WE'RE NOT TAKING ANYTHING OFF THE TABLE AT THIS TIME" - CONF. CALL.ANTHEM SAYS MOST MEMBERS WILL BE MOVED TO INGENIORX IN SECOND HALF OF THE YEAR - CONF. CALL.ANTHEM SAYS MEMBERS FROM GOVERNMENT BUSINESS TO BE MOVED TO INGENIORX IN 2020 - CONF. CALL.

Anthem Reports First Quarter 2019 Results, Raises Full Year Outlook

Wednesday, 24 Apr 2019

April 24 (Reuters) - Anthem Inc ::ANTHEM REPORTS FIRST QUARTER 2019 RESULTS, RAISES FULL YEAR OUTLOOK.Q1 EARNINGS PER SHARE $5.91.Q1 REVENUE $24.4 BILLION VERSUS REFINITIV IBES ESTIMATE OF $24.27 BILLION.Q1 ADJUSTED EARNINGS PER SHARE $6.03.SEES FY REVENUE ABOUT $100 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $5.81 -- REFINITIV IBES DATA.Q2 2019 DIVIDEND OF $0.80 PER SHARE DECLARED TO SHAREHOLDERS."OUR Q1 2019 RESULTS REPRESENT A STRONG START TO YEAR".MEDICAL ENROLLMENT TOTALED APPROXIMATELY 40.8 MILLION MEMBERS AT MARCH 31, 2019, AN INCREASE OF 1.2 MILLION, OR 2.9 PERCENT, FROM MARCH 31, 2018.BENEFIT EXPENSE RATIO WAS 84.4 PERCENT IN Q1 OF 2019, AN INCREASE OF 290 BASIS POINTS FROM 81.5 PERCENT IN PRIOR YEAR QUARTER.SEES 2019 BENEFIT EXPENSE RATIO IN THE RANGE OF 86.2% PLUS OR MINUS 30 BASIS POINTS.DURING Q1, RECORDED NET REALIZED GAINS ON FINANCIAL INSTRUMENTS $78 MILLION AND OTHER-THAN-TEMPORARY IMPAIRMENT LOSSES $10 MILLION.ANTHEM - SEES FY GAAP NET INCOME IS NOW EXPECTED TO BE GREATER THAN $18.27 PER SHARE, INCLUDING APPROXIMATELY $0.93 PER SHARE OF NET UNFAVORABLE ITEMS.ANTHEM - AS OF MARCH 31, 2019, COMPANY'S NET UNREALIZED GAIN POSITION IN INVESTMENT PORTFOLIO WAS $255 MILLION, CONSISTING OF FIXED MATURITY SECURITIES.EXCLUDING ITEMS, FY ADJUSTED NET INCOME IS NOW EXPECTED TO BE GREATER THAN $19.20 PER SHARE.FOR FY 2019, CO CONTINUES TO EXPECT UNDERLYING LOCAL GROUP MEDICAL COST TREND WILL BE IN RANGE OF 6.0% PLUS OR MINUS 50 BASIS POINTS.

Magellan Health says immediately following election of directors at 2019 meeting, intends to decrease size of board of directors from 13 to 10 directors

Wednesday, 24 Apr 2019

April 23 (Reuters) - Magellan Health Inc ::MAGELLAN HEALTH-ON APRIL 22, MATTHEW SIMAS AND ERAN BROSHY NOTIFIED CO THAT THEY WILL RETIRE FROM BOARD OF DIRECTORS EFFECTIVE AT 2019 ANNUAL MEETING.MAGELLAN HEALTH- ON APRIL 22, JOHN AGWUNOBI, WHOSE TERM EXPIRES IN 2020, NOTIFIED CO THAT HE WILL RETIRE FROM BOARD EFFECTIVE AT 2019 ANNUAL MEETING.MAGELLAN HEALTH-IMMEDIATELY FOLLOWING ELECTION OF DIRECTORS AT 2019 MEETING, INTENDS TO DECREASE SIZE OF BOARD OF DIRECTORS FROM 13 TO 10 DIRECTORS.

Centene Ceo Says Co Will Support Efforts To Increase Price Transparency In Industry

Tuesday, 23 Apr 2019

April 23 (Reuters) - Centene Corp ::CENTENE CEO SAYS "WE SEE AN OPPORTUNITY TO CONTINUE TO IMPROVE OVERALL MEDICAID MARGINS." - CONF. CALL.CENTENE CEO SAYS 2020 WILL BE AN INFLECTION POINT FOR CO'S MEDICARE ADVANTAGE BOOK OF BUSINESS - CONF. CALL.CENTENE CEO SAYS CO WILL SUPPORT EFFORTS TO INCREASE PRICE TRANSPARENCY IN INDUSTRY, INCLUDING MOVING TOWARD NET PRICING- CONF. CALL.CENTENE SAYS THERE MAYBE SOME FORM OF DIVESTITURES IN NEBRASKA AND MISSOURI AS PART OF PLANNED ACQUISITION OF WELLCARE - CONF. CALL.CENTENE SAYS PRELIMINARY DISCUSSIONS WITH REGULATORY AUTHORITIES IN CO'S LARGEST STATES HAVE TAKEN PLACE IN CONNECTION WITH PLANNED ACQUISITION OF WELLCARE - CONF. CALL.

Centene Corporation Q1 Adjusted Earnings Per Share $1.39

Tuesday, 23 Apr 2019

April 23 (Reuters) - Centene Corp ::ORATION REPORTS 2019 FIRST QUARTER RESULTS AND INCREASES 2019 GUIDANCE.Q1 ADJUSTED EARNINGS PER SHARE $1.39.Q1 REVENUE $18.4 BILLION VERSUS REFINITIV IBES ESTIMATE OF $17.47 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $1.34 -- REFINITIV IBES DATA.2019 Q1 DILUTED EPS OF $1.24.MARCH 31, 2019 MANAGED CARE MEMBERSHIP OF 14.7 MILLION, AN INCREASE OF 1.8 MILLION MEMBERS, OR 14%, OVER MARCH 31, 2018.HEALTH BENEFITS RATIO (HBR) OF 85.7% FOR Q1 OF 2019, COMPARED TO 84.3% IN Q1 OF 2018.AN INCREASE TO ADJUSTED DILUTED EPS GUIDANCE AT MIDPOINT OF $0.13 FOR 2019.SEES 2019 GAAP DILUTED EPS $3.67 - $3.84.SEES 2019 TOTAL REVENUES OF $72.8 BILLION - $73.6 BILLION.SEES 2019 ADJUSTED DILUTED EPS $4.24 - $4.44.FY2019 EARNINGS PER SHARE VIEW $4.25, REVENUE VIEW $70.86 BILLION -- REFINITIV IBES DATA.SEES 2019 HBR OF 86.5% - 87.0%.WELLCARE HEALTH PLANS DEAL EXPECTED TO CLOSE IN FIRST HALF OF 2020.

Centene Corporation Q1 Adjusted Earnings Per Share $1.39

Tuesday, 23 Apr 2019

April 23 (Reuters) - Centene Corp ::ORATION REPORTS 2019 FIRST QUARTER RESULTS AND INCREASES 2019 GUIDANCE.Q1 ADJUSTED EARNINGS PER SHARE $1.39.Q1 REVENUE $18.4 BILLION VERSUS REFINITIV IBES ESTIMATE OF $17.47 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $1.34 -- REFINITIV IBES DATA.2019 Q1 DILUTED EPS OF $1.24.MARCH 31, 2019 MANAGED CARE MEMBERSHIP OF 14.7 MILLION, AN INCREASE OF 1.8 MILLION MEMBERS, OR 14%, OVER MARCH 31, 2018.HEALTH BENEFITS RATIO (HBR) OF 85.7% FOR Q1 OF 2019, COMPARED TO 84.3% IN Q1 OF 2018.AN INCREASE TO ADJUSTED DILUTED EPS GUIDANCE AT MIDPOINT OF $0.13 FOR 2019.SEES 2019 GAAP DILUTED EPS $3.67 - $3.84.SEES 2019 TOTAL REVENUES OF $72.8 BILLION - $73.6 BILLION.SEES 2019 ADJUSTED DILUTED EPS $4.24 - $4.44.FY2019 EARNINGS PER SHARE VIEW $4.25, REVENUE VIEW $70.86 BILLION -- REFINITIV IBES DATA.SEES 2019 HBR OF 86.5% - 87.0%.WELLCARE HEALTH PLANS DEAL EXPECTED TO CLOSE IN FIRST HALF OF 2020.

Unitedhealth Group Inc Says Executive Chairman Stephen Hemsley's FY 2018 Total Compensation Was $11.35 Mln

Saturday, 20 Apr 2019

April 19 (Reuters) - UnitedHealth Group Inc ::UNITEDHEALTH GROUP INC SAYS EXECUTIVE CHAIRMAN STEPHEN HEMSLEY'S FY 2018 TOTAL COMPENSATION WAS $11.35 MILLION VERSUS $18.45 MILLION IN FY 2017 - SEC FILING.UNITEDHEALTH GROUP INC SAYS CEO DAVID S. WICHMANN'S FY 2018 TOTAL COMPENSATION WAS $18.1 MILLION VERSUS $17.4 MILLION IN FY 2017.UNITEDHEALTH GROUP INC SAYS EXECUTIVE VICE PRESIDENT AND CFO JOHN F. REX'S FY 2018 TOTAL COMPENSATION WAS $8.6 MILLION VERSUS $7.9 MILLION IN FY 2017.UNITEDHEALTH GROUP SAYS FOR 2018, RATIO OF ANNUAL TOTAL COMPENSATION OF CEO TO MEDIAN ANNUAL TOTAL COMPENSATION OF ALL OTHER EMPLOYEES WAS 316:1.UNITEDHEALTH GROUP SAYS CEO OF UNITEDHEALTHCARE, STEVEN NELSON'S FY 2018 TOTAL COMPENSATION WAS $9.8 MILLION VERSUS $7.6 MILLION IN FY 2017.UNITEDHEALTH GROUP INC SAYS EXECUTIVE VICE PRESIDENT & CEO OF OPTUM, ANDREW P. WITTY'S FY 2018 TOTAL COMPENSATION WAS $21.2 MILLION.

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