Molina Healthcare reported a 72% decline in net income for the third quarter and has reduced its adjusted annual earnings guidance for the third time this year to $14 a share as the company faces rising costs in its marketplace…
Financial
Elevance Health posted a net income of about $1.2 billion during the third quarter, up 17.8% from roughly $1 billion at the same time last year, according to an Oct. 21 earnings statement. “Our third-quarter results were in line with…
Regional, nonprofit health plans are falling behind large national insurers, with 71% recording an operating loss in 2024 and more than half having two years or less before regulatory intervention is triggered, according to a Sept. 24 report from HealthScape…
Pittsburgh-based UPMC recorded an operating income of $111.2 million (1.3% operating margin) in the second quarter of 2025, driven in part by improved underwriting margins in the insurance division, according to its Aug. 28 financial report. Insurance enrollment revenue was…
AM Best has downgraded its outlook for the health insurance sector from stable to negative, citing escalating medical costs and increased utilization across government, commercial and ACA plans. The credit rating agency noted higher utilization of specialty drugs, increased physician…
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Pittsburgh-based Highmark Health reported $16.5 billion in revenue, $121 million in operating income and $329 million in net income in the first half of 2025. “Strong first half performances by AHN and United Concordia Dental were offset by continued pressure…
Oscar Health reported a net loss of $228 million in the second quarter of 2025, compared to $56 million in net income during the same quarter last year, according to its Aug. 6 financial report. “Oscar is well-positioned to manage…
UnitedHealth Group is advising its shareholders to reject a “mini-tender” offer. In a June 23 news release, the company said shareholders who sell their shares in the offer will receive a below-market price. Here are three things to know:
Medicare Part A will no longer be able to pay the total cost of Medicare beneficiaries hospital costs by 2033, according to the annual Trustees Report. The date is three years sooner than the trustees predicted in 2024. The annual…