Insurance industry

FILE - In this March 16, 2010, file photo, financier Carl Icahn poses for photos upon arriving for the annual New York City Police Foundation Gala in New York. Icahn is urging Cigna shareholders to vote against the health insurer’s attempted multi-billion dollar takeover of Express Scripts. In a letter Tuesday, Aug. 7, 2018, Icahn warned that Express Scripts, a pharmacy benefit manager, faces intense competition from Amazon, regulatory risks and could lose the business of other health insurers that won’t want to deal with a company owned by a rival. (AP Photo/Henny Ray Abrams, File)
August 07, 2018 - 10:44 am
Carl Icahn is urging Cigna shareholders to reject the health insurer's attempted multi-billion dollar takeover of Express Scripts, saying it's paying too much for a company with a shaky future. The billionaire and activist investor warned that Express Scripts, a pharmacy benefit manager, could face...
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In this Friday, July 6, 2018, photograph, prospective customers confer with sales associates as a Model 3 sits on display in a Tesla showroom in the Cherry Creek Mall in Denver. The Insurance Institute for Highway Safety, in a paper titled “Reality Check,” issued the warning Tuesday, Aug. 7, 2018, after testing five of the systems from Tesla, Mercedes, BMW and Volvo on a track and public roads. The systems tested, in the Tesla Model 3 and Model S, BMW’s 5-Series, the Volvo S-90 and the Mercedes E-Class, are among the best in the business right now and have been rated “superior” in previous IIHS tests. David Zuby, the institute’s chief research officer, said the systems do increase safety but the tests show they are not 100 percent reliable. (AP Photo/David Zalubowski)
August 07, 2018 - 1:24 am
DETROIT (AP) — Cars and trucks with electronic driver assist systems may not see stopped vehicles and could even steer you into a crash if you're not paying attention, an insurance industry group warns. The Insurance Institute for Highway Safety, in a paper titled "Reality Check," issued the...
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Senate Minority Leader Chuck Schumer, D-N.Y., speaks with reporters following a weekly policy meeting on Capitol Hill in Washington, Tuesday, July 31, 2018. (AP Photo/J. Scott Applewhite)
August 02, 2018 - 3:06 pm
WASHINGTON (AP) — Democrats will try forcing a campaign-season vote on blocking a Trump administration rule letting insurers sell short-term plans that are cheaper but skimpier than allowed under the Obama health care law, party leaders said Thursday. Though the effort has a chance of passing the...
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FILE - In this June 1, 2017, file photo, a sign stands on the campus of the Aetna headquarters, in Hartford, Conn. Aetna Inc. (AET) on Thursday, Aug. 2, 2018, reported second-quarter earnings of $1.21 billion. (AP Photo/Bill Sikes, File)
August 02, 2018 - 8:20 am
Aetna easily topped second-quarter earnings expectations as another drop in benefit expenses and lower taxes helped the nation's third-largest health insurer. Net income inched up less than 1 percent to $1.21 billion, while earnings adjusted for non-recurring gains totaled $3.43 per share, the...
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August 01, 2018 - 10:02 pm
WASHINGTON (AP) — The Latest on Trump administration's short-term health insurance plans (all times local): 11:30 a.m. The Trump administration's new regulation expanding short-term health insurance plans contains what amounts to a legal life preserver in case a key feature is struck down by a...
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The HealthCare.gov website main page. The Trump administration is clearing the way for insurers to sell short-term health plans as a bargain alternative to pricey “Obamacare” for consumers struggling with high premiums. But the policies don’t have to cover pre-existing conditions and benefits are limited. It’s not certain if that’s going to translate into broad consumer appeal among people who need an individual policy. (HHS via AP
August 01, 2018 - 3:16 pm
WASHINGTON (AP) — Consumers will have more options to buy cheaper, short-term health insurance under a new Trump administration rule, but there's no guarantee the plans will cover pre-existing conditions or provide benefits like coverage of prescription drugs. Administration officials said...
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July 31, 2018 - 7:10 pm
RALEIGH, N.C. (AP) — North Carolina's largest health insurer said Tuesday it's cutting some individual premiums for the first time in over a quarter century, but next year's savings on subsidized "Obamacare" coverage would have been much larger if Washington had left the law alone. Blue Cross and...
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File - In this March 23, 2017, file photo, health care professionals join hundreds of people marching through downtown Los Angeles protesting President Donald Trump's plan to dismantle the Affordable Care Act. California and 17 other states that sued the Trump administration over its decision to cut off Affordable Care Act subsidies say a workaround has largely succeeded. The assessment came in a court filing late Monday, July 16, 2018, in which the states asked U.S. Judge Vince Chhabria to put their lawsuit on hold. (AP Photo/Reed Saxon, File)
July 17, 2018 - 4:50 pm
SAN FRANCISCO (AP) — A workaround by states to counter Trump administration cuts to Affordable Care Act subsidies has largely succeeded in protecting consumers from higher costs, California and 17 other states said. The assessment came late Monday in a court filing asking U.S. Judge Vince Chhabria...
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In this July 11, 2018 photo, Supreme Court nominee Brett Kavanaugh on Capitol Hill in Washington, during a meeting Wednesday. Some Democrats are warning that Supreme Court nominee Brett Kavanaugh could spell doom for the Affordable Care Act. This is even as some conservatives are portraying him as sympathetic to President Barack Obama’s landmark health care legislation. The heated debate may not matter, though. As long as five past defenders of the ACA remain on the nation’s highest court, the odds tilt in favor of the law being allowed to stand. (AP Photo/Manuel Balce Ceneta)
July 17, 2018 - 1:41 pm
BOSTON (AP) — The heated debate over how Supreme Court nominee Brett Kavanaugh would vote on the Affordable Care Act might not matter. As long as five past defenders of the health care law remain on the nation's highest court, the odds tilt in favor of it being allowed to stand. Some Democrats are...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports earnings Tuesday, July 17, 2018. (AP Photo/Jim Mone, File)
July 17, 2018 - 12:26 pm
UnitedHealth Group easily topped profit expectations during the second-quarter and it hiked its outlook for the third time this year, but company shares were punished Tuesday for a performance that even company executives believe falls short of the full potential for the health insurer. Enrollment...
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