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Press Releases

Martin Shkreli's 'Game': Satirical musical about indicted pharma bro' hits stage

The campy, song-laden take on the indicted pharmaceutical exec features portrayals of the Wu-Tang Clan, Bill Murray ... and a ghost.


Winners and losers in the state war over Obamacare Medicaid expansion

Thirty-one states have expanded Medicaid and seen bigger reductions in uninsured rates and uncompensated-care costs than non-expansion states.


Not easy for Obamacare insurers to make money

A report by the Commonwealth Fund reveals that only a third of insurers saw profits from selling Obamacare plans in 2014.


Only a third of these Obamacare insurers made money on their plans in 2014

An analysis of a group of Obamacare insurers found that one-third made money on their plans in 2014. The rest booked losses.


California Obamacare prices set to rise average of 13.2 percent in 2017

California's average price increase next year will be 9 percentage points above rate hikes for 2016.


UPDATE 4-UnitedHealth sees further losses for Obamacare insurance

*Adds $200 million for 2016 Obamacare losses. *Optum unit revenue rises 51.5 percent to $20.6 billion. Next year, it will exit most of the two dozen states where it sells individual insurance on the exchanges but still has plans to sell in Nevada, New York and Virginia.

Source: Reuters

UPDATE 3-UnitedHealth sees further losses for Obamacare insurance

*Adds $200 million for 2016 Obamacare losses. July 19- UnitedHealth Group Inc on Tuesday said it anticipated another $200 million more in losses this year on the individual insurance business created under U.S. UnitedHealth also raised the low end of its full-year profit outlook to $7.80 per share from $7.75 while keeping the high end at $7.95.

Source: Reuters

Wow! We REALLY pay a whole lot more for health care than other countries

A normal delivery of a baby in the United States has an average cost to insurers of more than $10,800, five times what a major insurer pays in Spain.


UPDATE 2-UnitedHealth profit beats on Optum unit strength

*Q2 adj profit $1.94/ shr vs analyst est. UnitedHealth also narrowed its adjusted full-year profit outlook to $7.80- $7.95 per share, from a prior range of $7.75- $7.95 per share. UnitedHealth which also sells employer-based insurance as well as Medicare, Medicaid and Obamacare health plans, is the only large insurer not involved in one of the major consolidation...

Source: Reuters

Why your next doctor's appointment could be on your digital device

A Cleveland Clinic program lets patients schedule a "virtual visit" with a doctor using a tablet, smartphone, or desktop, the CEO explains to CNBC.