Tag:
Health Net
Latest Headlines
Latest Headlines
Health Net reports surprise drop in earnings forecast
California-based insurer Health Net reported lower-than-expected earnings for the first quarter and cut earnings projections for 2012, causing its stock to tumble, reported the Los Angeles Times and
Insurers shift prescription costs to members with drug tiers
Insurers increasingly are altering their benefit structures to shift the cost of many expensive medications onto their chronically ill members. This "insidious trend" is causing health insurance
Humana's Q4 profits up 86% as Medicare Advantage enrollment rises
Humana's fourth quarter profits soared 86 percent, primarily because of a 12 percent increase in Medicare Advantage plan enrollment and decreased medical claims expenses. The insurer on Monday said
Humana could spend $1B for Medicare deals
Humana is willing to spend $1 billion on acquisitions or mergers, allowing it to expand into Medicare, reported Bloomberg. "We could do $1 billion-plus deals if we wanted to," Humana CEO Michael
Health Net sells Medicare plan to CVS for $160M
Health Net (NYSE:HNT) is selling its Medicare prescription drug plan to CVS for about $160 million, the insurer announced Monday. It expects to gain $140 million in net cash from the deal, Bloomberg
Report: Healthcare accounts for 3 of the 6 worst data breaches in 2011
Data security breaches occur in every industry, but those in healthcare were particularly significant in 2011. Three of the six worst security breaches in the U.S. were in healthcare this year,
Health Net data breach analysis 'flawed,' SSNs exposed
A data breach affecting Health Net members is worse than originally thought; it involved more people and included more sensitive data than the insurer originally reported. IBM, which manages its
Blue Cross, Health Net allegedly conspire to underpay hospitals
Three insurers--Blue Cross of California, Health Net and Anthem Blue Cross Life and Health Insurance Company--have been sued for a "scheme" to systematically underpay San Francisco General Hospital
Health Net (NYSE: HNT) Earnings Q1 2011
View Health Net's ( NYSE: HNT ) Q1 Earnings Report Highlights:
The company suffered a $108 million net loss over Q1 2011, a loss of $1.16 per share, largely due a $177 million pretax
EHRs cited as data breaches continue upward climb
A move toward electronic health record (EHR) use by hospitals and provider organizations may be one of the top reasons behind the rising numbers of medical data breaches occurring across the country.
