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Missouri fines Aetna for paying for uninsured abortions

JEFFERSON CITY, Mo.- Missouri Gov. Jay Nixon announced Tuesday that insurer Aetna has agreed to pay $4.5 million for violations of state law that included paying for elective abortions when the women were not eligible under their policies, marking the largest insurance penalty in state history. Hutchings said Aetna is reviewing claims of those potentially...
Source: The Associated Press
For the highest-paid CEOs, the party goes on

The New York Times reports in its Equilar ranking that executive pay is at its highest since it started keeping track in 2006, NYT reports.
Source: The New York Times | By: David Gelles
How bad are we at buying health insurance? Very

Several new studies reveal that people's knowledge of health insurance and its costs remains low, which can lead to higher costs for them.
Source: CNBC.com | By: Dan Mangan
Non-profit sues U.S. SEC to force political disclosures rules

The SEC has been under mounting pressure from liberal groups, as well as a handful of law professors, to enact rules requiring companies to tell investors about campaign contributions. The lawsuit marks the latest effort to force the SEC into action. Last year, another group called the Corporate Reform Coalition held a news conference outside SEC headquarters...
Source: Reuters | By: Sarah N. Lynch
Jobs report just put Fed in a bad spot

The 223k jobs created in April was weaker than the 2014 average. And that puts the Fed in a tough spot, says economist Peter Morici.
Source: CNBC.com | By: Peter Morici
Hey doc, there's a price check in exam room 5

Millennials are twice as likely to challenge the cost of their medical care than the general population, and that could have a big impact on your health care.
Source: CNBC.com | By: Bertha Coombs
UPDATE 2-Cigna sees no change in medical use in 1st qtr, unlike Humana

April 30- Cigna Corp said on Thursday that medical services use did not change among customers in its Medicare Advantage health plans for elderly people and the disabled, a contrast to comments from competitor Humana Inc.. Shares of Cigna and most other insurers rose. Cigna, which reported a better-than-expected first-quarter profit on Thursday, was...
Source: Reuters
UPDATE 3-Humana says hospital admissions up as sector shares fall

April 29- U.S. health insurer Humana Inc said on Wednesday there was an unexpected pick-up in the rate of hospital admissions late in March and in April, sparking a sell-off in its own and other insurers' shares. Shares in Humana, which specializes in Medicare health insurance and drug plans for the elderly and disabled, fell more than 6 percent to $168.66 and...
Source: Reuters | By: Caroline Humer
UPDATE 2-Humana's profit falls short as it watches new cost trend closely

April 29- U.S. health insurer Humana Inc reported a lower-than-expected profit in the first quarter as well as noting an unexpected pick-up in the rate of hospital admissions late in the quarter and in April. Humana Chief Financial Officer Brian Kane said during a conference call with investors that hospital inpatient admissions increased at the end of the...
Source: Reuters
Need new drug payment model: Aetna CEO  

Aetna boosted its annual profit outlook, and shares moved higher. Mark Bertolini, Aetna Chairman and CEO, discusses the state exchanges and drug pricing.
Source: CNBC.com