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Humana

WBA, Humana, reportedly pursuing greater ties

WBA, Humana, reportedly pursuing greater ties

NEW YORK —  Walgreens Boots Alliance and health insurer Humana Inc. are in preliminary talks  to take equity stakes in each other, according to the Wall Street Journal. The companies, which already have a joint venture focused on serving seniors out that is run out of two Walgreens stores, are having broad discussions that also include the potential of expanding

Walmart names new SVP of health and wellness

Walmart names new SVP of health and wellness

BENTONVILLE, Ark. — Walmart has hired healthcare industry veteran Sean Slovenski to serve as senior vice president of health and wellness at Walmart U.S., effective August 1. He will report directly to Walmart U.S. president and CEO Greg Foran. “Sean is a proven leader and entrepreneur with an established track record in defining and building

Humana, Walgreens team up for senior care

Humana, Walgreens team up for senior care

DEERFIELD, Ill. — Humana Inc. and Walgreens have partnered to provide easier access to primary care and other services for seniors as part of the two companies’ ongoing and shared commitment to the health and well-being of people in the Kansas City area. The companies said the collaboration will establish a senior-focused neighborhood approach to

Walgreens and Humana team to offer senior services

Walgreens and Humana team to offer senior services

DEERFIELD, Ill. — Humana Inc. and Walgreens have partnered to provide easier access to primary care and other services for seniors as part of the two companies’ ongoing and shared commitment to the health and well-being of people in the Kansas City area. The companies said the collaboration will establish a senior-focused neighborhood approach to

Transformational deal weighed by CVS

Transformational deal weighed by CVS

WOONSOCKET, R.I. — At presstime The Wall Street Journal along with other news agencies reported that CVS Health will offer more than $200 per share, or about $66 billion, to purchase the health insurance giant Aetna Inc. Anonymous sources cited by WSJ originated the story about a potential CVS-Aetna deal. The possible transaction comes as

Administration reacts to turmoil in ACA exchanges

Administration reacts to turmoil in ACA exchanges

WASHINGTON — Humana Inc.’s decision to pull out of the health insurance exchanges created by the Affordable Care Act threatens to cripple Obama­care before Republican lawmakers bent on its repeal can cobble together a ­replacement. The Humana decision came one day before the Trump administration issued a proposed rule that attempts to offer insurers more

Grim outlook for health insurance exchanges

Grim outlook for health insurance exchanges

WASHINGTON — Humana Inc.’s decision to pull out of the health insurance exchanges created by the Affordable Care Act threatens to cripple Obama­care before Republican lawmakers bent on its repeal can cobble together a ­replacement. The Humana decision came one day before the Trump White House issued a proposed rule that attempts to offer insurers

Shakeup in the U.S. health insurance market

Shakeup in the U.S. health insurance market

NEW YORK — More turbulence has hit the health insurance sector with the apparent breakup of the Anthem-Cigna merger and Humana Inc.’s plan to pull out of the exchange market. Anthem Inc. on Wednesday said it has filed a lawsuit in the Delaware Court of Chancery against Cigna Corp., which yesterday afternoon announced its aim

Aetna, Humana terminate $37 billion merger

Aetna, Humana terminate $37 billion merger

HARTFORD, Conn., and LOUISVILLE, Ky. — After being blocked by a federal court, Aetna Inc. and Humana Inc. have decided to terminate their $37 billion merger deal. The health insurance giants said Tuesday that, with the move, Aetna will pay Humana a $1 billion breakup fee. Aetna said it also has ended its agreement to

Federal court blocks Aetna-Humana merger

WASHINGTON — A federal judge last month temporarily blocked Aetna Inc.’s proposed acquisition of Humana Inc. The move stemmed from a ruling on a lawsuit brought last year by the Justice Department to prevent the health insurers from merging on the grounds that the deal would produce higher prices for consumers and fewer services for

Affordable Care Act up against more headwinds

Affordable Care Act up against more headwinds

WASHINGTON — The pullback of health insurance companies from the Affordable Care Act has focused a harsh light on President Obama’s signature legislative achievement. Most recently, Aetna Inc. decided to drop out of ACA health insurance exchanges in 11 states with about two-thirds of the 778 counties where it now offers coverage. It will continue

Health insurers seek rate hikes under ACA

WASHINGTON — Large health plans that have claimed financial challenges from their participation in health insurance exchanges under the Affordable Care Act are set to seek significant premium increases in about a dozen states where they operate those individual plans. Others are limiting the number of plans offered if not vacating states altogether. Plans in