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Health insurance stocks remain under pressure five days after the fatal shooting of UnitedHealthcare CEO Brian Thompson, marking a volatile period for the sector as it awaits a transition into the ...
Under his leadership, UHC's profits increased from $12 billion in 2021 to $16 billion in 2023. [31] At the time of Thompson's death, the company was the largest health insurer in the United States. [32] UnitedHealthcare has repeatedly faced criticism for its approach to handling claims. [33]
Selling insurance products under UnitedHealthcare, and health care services under the Optum brand, it is the world's ninth-largest company by revenue and the largest health care company by revenue. The company is ranked 8th on the 2024 Fortune Global 500. [4] UnitedHealth Group had a market capitalization of $460.3 billion as of December 20, 2024.
Former Aetna CEO says he’d eliminate employer-sponsored insurance to fix the U.S. healthcare industry in wake of UnitedHealthcare shooting Sasha Rogelberg Updated December 13, 2024 at 10:10 AM
Aetna Inc. (/ ˈ ɛ t n ə / ET-nə) is an American managed health care company that sells traditional and consumer directed health care insurance and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, primarily through employer-paid (fully or partly) insurance and benefit programs, and through Medicare.
The DOJ in 2017 successfully stopped Anthem, now Elevance Health, from buying Cigna for $54 billion, and thwarted Aetna's plan to purchase rival Humana for $34 billion. Here's a look at what ...
Hackensack Meridian Health, locked in a contract dispute with Aetna, has sent letters to the insurer's customers warning them that they may lose in-network coverage if the two sides can't reach a ...
Aetna Life Insurance Co. v. Lavoie, 475 U.S. 813 (1986), was a United States Supreme Court case in which the Court held the Due Process Clause requires state supreme court justices to recuse themselves from cases in which they have a direct, personal, substantial, and pecuniary interest in the outcome.