Insurance industry

FILE - In this June 15, 2018 file photo, United Healthcare correspondence is seen in North Andover, Mass. UnitedHealth Group is reporting strong first-quarter driven by its main insurance business, as well as its pharmacy benefits division. The Minnetonka, Minn., company on Tuesday, April 16, 2019 reported net income of $3.47 billion, or $3.56 per share. Earnings, adjusted for amortization costs, were $3.73 per share, topping Wall Street estimates by 13 cents, according to a survey by Zacks Investment Research. (AP Photo/Elise Amendola, File)
April 16, 2019 - 11:27 am
UnitedHealth Group beat first-quarter expectations and hiked its 2019 forecast, but shares of the nation's largest health insurer continued their slump as investors worry about growing Congressional scrutiny of how the company and its competitors do business. Shares of health insurers and pharmacy...
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Sen. Bernie Sanders, I-Vt., introduces the Medicare for All Act of 2019, on Capitol Hill in Washington, Wednesday, April 10, 2019. (AP Photo/Manuel Balce Ceneta)
April 10, 2019 - 12:25 pm
WASHINGTON (AP) — Sen. Bernie Sanders of Vermont unveiled a revamped version of his "Medicare for All" plan on Wednesday, shaking up the 2020 presidential race by renewing his call for replacing job-based and private health insurance with a government plan that guarantees coverage for all. "It is...
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Prime Therapeutics Senior Vice President, General Counsel, and Interim President and Chief Executive Officer Mike Kolar, right, testifies before the Senate Finance Committee on Capitol Hill in Washington, Tuesday, April 9, 2019, during a hearing to explore the high cost of prescription drugs. He is joined at the table by, from left, Cigna Corporation Executive Vice President and Chief Clinical Officer Steve Miller, CVS Caremark President and CVS Health Executive Vice President Derica Rice, Humana Healthcare Services Segment President William Fleming and OptumRx Chief Executive Officer John Prince. (AP Photo/Susan Walsh)
April 09, 2019 - 1:29 pm
Patient bills, competition and secrecy shared the spotlight Tuesday as pharmacy benefit managers testified before Congress about prescription drug prices. Members of a Senate Finance Committee investigating drug costs pushed the benefit managers to explain why they can't do more to control prices...
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FILE - In this June 3, 2017 file photo North Carolina Republican Party Chairman Robin Hayes speaks during the North Carolina Republican Party State Convention at the Wilmington Convention Center in Wilmington, N.C. Hayes won't seek re-election to the post after all, the former congressman announced Monday, April 1, 2019. (AP Photo/Mike Spencer, File)
April 02, 2019 - 5:14 pm
RALEIGH, N.C. (AP) — The chairman of North Carolina's Republican Party, an insurance magnate and two of his associates are facing federal charges for a plan to shower the state's top insurance regulator with campaign contributions to ensure special business treatment, a criminal indictment unsealed...
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Speaker of the House Nancy Pelosi, D-Calif., joined at left by Energy and Commerce Committee Chair Frank Pallone, D-N.J., speaks at an event to announce legislation to lower health care costs and protect people with pre-existing medical conditions, at the Capitol in Washington, Tuesday, March 26, 2019. The Democratic action comes after the Trump administration told a federal appeals court that the entire Affordable Care Act, known as "Obamacare," should be struck down as unconstitutional. (AP Photo/J. Scott Applewhite)
March 27, 2019 - 1:13 pm
Centene is spending more than $15 billion on rival WellCare to dive deeper into government-funded health coverage in the same week that President Donald Trump's administration renewed its attack on the Affordable Care Act. The insurer said Wednesday that its cash-and-stock deal to buy WellCare will...
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March 12, 2019 - 5:58 am
MINNETONKA, Minn. (AP) — The nation's largest health insurer is expanding a program that passes rebates from drugmakers directly to the people that use their medications. Beginning next year, all employer-sponsored health care plans that use UnitedHealthcare must give point-of-sale discounts...
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FILE - In this Aug. 2, 2005, file photo, Aon Center in downtown Chicago is shown. New York regulators have sent a subpoena to Aon, the Trump Organization's longtime insurance broker, a request that comes days after President Donald Trump's former attorney, Michael Cohen, told Congress the president had misled insurers about the value of his assets. (AP Photo/Charles Rex Arbogast, file)
March 05, 2019 - 6:44 pm
NEW YORK (AP) — New York regulators have sent a subpoena to the Trump Organization's longtime insurance broker, a request that comes days after President Donald Trump's former attorney, Michael Cohen, told Congress the president had misled insurers about the value of his assets. The brokerage, Aon...
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FILE - In this file photo dated Monday, Jan. 30, 2017, a bureau de change on the border between the Irish Republic and Northern Ireland, near the town of Jonesborough, Northern Ireland. The Motor Insurers' Bureau of Ireland have issued a warning to Irish drivers, Thursday Feb. 28, 2019, that they will need a special insurance document to cross the currently invisible border from Ireland into Northern Ireland, if the U.K. leaves the European Union without a deal. (AP Photo/Peter Morrison, FILE)
February 28, 2019 - 5:55 am
LONDON (AP) — Irish drivers have been warned they will need a special insurance document to cross the currently invisible border to Northern Ireland after next month if the U.K. leaves the European Union without a deal. The Motor Insurers' Bureau of Ireland said Wednesday that it has issued...
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February 24, 2019 - 3:43 pm
WASHINGTON (AP) — With health care a top issue for American voters, Congress may actually be moving toward doing something this year to address the high cost of prescription drugs. President Donald Trump, Democrats trying to retire him in 2020, and congressional incumbents of both parties all say...
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February 20, 2019 - 2:46 pm
SPRINGFIELD, Ill. (AP) — New Illinois Gov. J.B. Pritzker proposed a budget Wednesday that relies partly on tax revenues from two industries that currently aren't even legal in the state, which is saddled with billions of dollars in pension obligations and other debts. Pritzker's $39 billion...
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