HMO Stocks Rise on Medicare Advantage News
Shares of health insurance provider Humana jumped yesterday and are set to gain more today following news that Medicare Advantage might increase reimbursement rates.
Shares of health insurance provider Humana jumped yesterday and are set to gain more today following news that Medicare Advantage might increase reimbursement rates.
The woes Social Security faces have generated plenty of worried talk lately, but even if nothing changes, it'll be solvent until 2036. But Medicare, the other major government program that retirees rely on, is on course for financial disaster years sooner. That program, of course, is Medicare, and the funding situation for the portion of its benefits that retirees receive looks even scarier than Social Security's prospects right now.
From PepsiCo to Avon to Xerox, these women are responsible for some of the biggest companies and brands that consumers touch and feel everyday. And this year, there's a new No. 1 on Fortune's list of the most powerful women.
Everybody knows how to make money in a bull market, and it isn't hard to see ways to profit from a bear market, but what do you do when the market isn't moving at all? Here are some strategies for making money in the doldrums.
The recent pushback on health care reform appears to have boosted the stock prices of health insurance companies, which have outperformed major indexes by quite a margin so far this year. That's because Americans have been cutting back on doctor visits, keeping reimbursement costs low.
The smartest money on Wall Street may be at the top hedge funds, whose investment managers are paid billions a year to beat the market. Those gurus only take big money clients, but you can follow their lead: DailyFinance has the 10 best stock picks of the 10 highest-paid hedge fund managers.
One in five medical claims is processed inaccurately by health insurers, the American Medical Association said on Monday. Eliminating these errors could save the health care system save $15.5 billion of the $210 billion it spends annually on claims processing.
Profits for the 10 largest U.S. insurance companies jumped 250% between 2000 and 2009, while millions of Americans have lost coverage, a report released Thursday said. The report found that the five biggest insurance companies saw their profits increase 56% in 2009 alone.
President Obama can't be pleased by the loss of a Democratic Senate seat which jeopardizes passage of his cherished health-care reform. The news, however, appears to have fueled a mini stock rally in the health-care and pharma sectors wary of how any reform would affect their businesses. The uptrend is expected to continue.
















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