CNBC: Fast Money Halftime Report
5/1/2024 4:37pm
... today. down near 17%. that is a new 52-week low. that is after earns, after kmash was a big drag -- medicare was a big drag if you see farmer jim or amy raskin today, throw them a ...
CNBC: Squawk on the Street
5/1/2024 1:42pm
... cases from the inflation reduction act that makes it so medicaid -- medicare is determining price for a lot of the big drugs, and that is very difficult. we never thought that would happen, and it happened. as ed yardeni might argue, ...
CNBC: Squawk on the Street
5/1/2024 1:32pm
... quote. 'environment doesn't diminish our opportunities. they think they have a pathway to address their near-term medicare challenges and she goes on to say, they remain committed to the strategy and have the right assets in place. what are they going to do, go up against amazon with the front ...
CNBC: Squawk on the Street
5/1/2024 1:31pm
... this is what we're talking about, medicare advantage, the medical cost ratio has gone up, seniors are using more than perhaps they thought in terms of health care services, paying more for them. absolutely. it hasn't gone particularly well for ceo karen lynch no, it hasn't, and her plan is -- i ...
CNBC: Squawk Box
5/1/2024 12:03pm
... movers. shares of cvs plummeting. earlier today reported earnings and revenue that missed expectations look at shares down almost 12% it slashed guidance for the full year a company that's really been working to expand medicare ...
CNBC: Squawk Box
5/1/2024 11:24am
... pharma company, on the other hand, they're a managed care company. i think there are positives and negatives that you can probably derive from the change situation. but, yeah, in terms of visibility on utilization and getting caught off guard with more medicare patients using the system, or having ...
CNBC: Squawk Box
5/1/2024 11:23am
... a great place to be. we have seen what happened to rite aid and walgreens too. i heard from the ceo this morning and she talks about how they got caught off guard by the medicare advantage trends on top of the elevated baseline but their visibility was really ...
CNBC: Squawk Box
5/1/2024 11:03am
... reported earnings and revenue that missed expectations and it slashed guidance for the full year and look at those shares now, down by nearly 12% in the free market. the company got hit by investment and expanding its medicare advantage plans at a ...
CNBC: Squawk on the Street
4/30/2024 2:24pm
... help with sleep apnea and novo showing it can help with heart disease. you will start to see more indications for these drugs, and that could help secure medicare coverage for these products. it's still a long way to come to ...
CNBC: Squawk on the Street
4/30/2024 2:24pm
... and medicare is still a challenge. that's why you're seeing these companies, including novo and lilly trying to show these drugs do more than just help people lose weight. lilly touting its recent study that shows that this drug can ...
CNBC: Squawk on the Street
4/30/2024 2:24pm
... prices will they agree? probably not. that's something that's always going to be a controversy around these products. where are we going to end up when it comes to insurance, particularly, obviously, from medicare? yeah. ...
CNBC: Squawk on the Street
4/30/2024 2:23pm
... saying that that is -- could be enticing for insurers and updating the street saying they have 67% of commercial insurance coverage for that drug, so it's still early days and the big problem, though, is still medicare and that's something that they want to increase and ...
CNBC: Squawk Box
4/30/2024 10:05am
... biden administration program to allow medicare drug price negotiations. a ruling the program is, in fact, constitutional. the charges were brought by johnson & johnson and bms. _ ...
CNBC: The Exchange
4/29/2024 5:12pm
... such a big health care company that adjusts for that loss of revenue from the medicare side so those are the kind of things that i take advantage of also in health care, again, the capital has been sucked toward the weight loss drugs to the ...
CNBC: The Exchange
4/29/2024 5:12pm
... is interesting because the medicare pricing went against them and all of the other companies and they fell precipitously, and they have a history over 20 or 30 years of managing around that kind of negativity they can do other things with ...
CNBC: Squawk on the Street
4/25/2024 2:40pm
... of medicaid insurance. its quoted p/e is about 11 times earnings comes down to 9 times earnings if you assume they fix their problems in medicare advantage. we own charter, about 8 times earnings ...
CNBC: The Exchange
4/24/2024 5:53pm
... shares of humana falling despite strong earnings after they pulled the guidance for 2025. citing medicare price hikes, they had previously warned increasing medical costs would impact results this year and beyond. ...
CNBC: Squawk on the Street
4/24/2024 2:17pm
... this quarter humana is withdrawing the 2025 outlook given the headwinds it's facing with the disappointing medicare rate increases for next year but they 'working very hard to price conservatively and figure ...
CNBC: Fast Money
4/17/2024 9:33pm
... it's extraordinary yeah. so does it merit this valuation? does it merit getting insurance coverage some are saying, yes, it will open it up to medicare coverage at this point if it is for sleep ...
CNBC: Power Lunch
4/16/2024 6:03pm
... change health care billing and payment systems, yet the health care giant beat on both the top and the bottom line and maintained guidance as they work to recover. the really positive take away on the health insurance side, medical costs and medicare among ...
CNBC: Squawk on the Street
4/16/2024 1:09pm
... united healthcare group, based on numbers that came in, at least revenue numbers in particular ahead of expectations. this group has been getting hard hit in terms of actions from the government side when it came to medicare advantage, for example, overall. ...
CNBC: Squawk Box
4/16/2024 10:05am
... fourth quarter. exposed to medicare and that is humana and cigna. human is humana is higher on the back of ...
CNBC: Squawk Box
4/16/2024 10:04am
... medicare users. we will see how they respond. the number of 84.3% means you should back out .50% because of the impact of the change? it is below 84%. ...
CNBC: Squawk Box
4/16/2024 10:03am
... insurance side, $75.4 billion in revenue was in line with expectations driven by commercial and medicare growth. net operating earnings came up light due to the cyber attack response. ...
CNBC: Fast Money
4/15/2024 9:55pm
... i would think for most of the companies, depending on what they have to say about the complexion of earnings, if it was driven by medicare patients, commercial patients, things of ...
CNBC: Fast Money
4/15/2024 9:54pm
... i'm sure investors are going to take what they say at face value and trade accordingly. and what they have to say on medicare versus commercial and in terms of extrapolations within insurance, better than expected means better than expected probably for whom ...
CNBC: Fast Money Halftime Report
4/15/2024 4:45pm
... for earnings this week. united health, the stock has not been good. i think two things. we have to figure out what they are going to say about their cyber security issues, because they had a big hack. the second is medicare advantage. it hurt cvs when it came out. ...
CNBC: Squawk on the Street
4/11/2024 1:56pm
... medicare negotiating prices. they've had a number of headwinds and you talk about talc and the potential litigation there. i don't have any idea what a 20-year looks like. the great names and they don't perform particularly well ...
CNBC: Mad Money
4/9/2024 10:46pm
... get me to buy some sort of medicare thing, total fraud and people just all, don't worry about it. there are a lot of people were getting fooled. anybody was on medicare and is not that wise may just send all the information that they want and then they will owe money, it's crazy. years the hard ...
CNBC: Squawk on the Street
4/9/2024 1:57pm
... and then asking me for money for medicare. you feel like all your information is throughout. they have everything. they have everything. they have the hospital, the ...
CNBC: Squawk Box
4/9/2024 11:08am
... pressure with the recent announcement with medicare, and it's the macro environment of health care where the providers will be in the spot lot. it's an area that caught up over the past several months, but it ...
CNBC: The Exchange
4/8/2024 5:41pm
... with digital disruptors. we have to understand that we have commercial insurance and governmental programs and m medicare and medicaid and privacy concerns. as we apply technology we need to overlay this technology on top of this infrastructure and we're seeing a batch of ...
CNBC: Fast Money Halftime Report
4/5/2024 4:28pm
... to 618. at morgan stanlstanley, they ar taking their estimates down ahead of earnings on the 16th of this month. the earnings report is pretty important, scott, and the reason is because of this news from the center for medicare services that medicare advantage payments ...
CNBC: Squawk on the Street
4/5/2024 2:47pm
... united, humana the hmos are down on higher utilization rates and pricing on medicare. consumer staples haven't been doing too much as well. consumer discretionary is doing well. the builders and hotels are up. amazon has had a great year. ...
CNBC: Mad Money
4/4/2024 10:04pm
... the pandemic. they didn't have to pay for this stuff. and of course they got your premiums. but now people are finally getting these procedures and it's causing shortfalls everywhere. then to add insult to injury the managed care companies try to recuperate some of these new expense business ...
CNBC: Fast Money
4/4/2024 9:55pm
... that's the question you have to ask into earnings at the end of the month. the other dynamic here is where you bring in more medicare coverage. and so, you have a, you know, it just may be a way that the addressable market meets the insurance payment market in a place where the drug companies ...
CNBC: Fast Money
4/4/2024 9:52pm
... whether it's liver disease, cardiac disease, which is why medicare plans are covering the glp-1 space. i feel like we're in this renaissance area. this is going to be the fix it for all of these things? not at all. but again, quality of life, much like we talked about with other ...
CNBC: Squawk Box
4/3/2024 10:22am
... serious side effects can include allergic reactions, some severe like anaphylaxis, and liver problems. these are not all the possible side effects so talk to your doctor. commercially insured patients may pay as little as zero dollars. and the us government is making paxlovid available to medicare, ...
CNBC: Squawk Box
4/3/2024 10:20am
... for it in the last week or so. you've also got medicare and medicate saying we may not pay for some of these things or the government saying we may want to renegotiate given the losses we've experienced with some of ...
CNBC: Squawk Box
4/3/2024 10:05am
... medicare did not help. i had more concerns about this on friday than i did based on monday's numbers. friday showed the inflation was running hotter than expected. ism. yeah, it's ism. ...
CNBC: Mad Money
4/2/2024 10:04pm
... decided a bigger rate increase for the medicare advantage plans. if your company decided with insurers, that would've been a horrific healthcare cost inflation. good news for most americans. it translates immediately to ...
CNBC: Closing Bell
4/2/2024 7:46pm
... medicare and medicaid services announced rates will only increase 3.7% for 2025. shows jumping after agreeing to be bought by an american oilfield company after a $7.7 billion stock deal. the deal is expected to close before the end of 2024. ...
CNBC: Closing Bell
4/2/2024 7:45pm
... 15 out from the closing bell. back to kristina for a look at the key stocks she is watching. we are watching healthcare insurance stocks. the biden administration fails to base medicare payment rates . cbs health, united health group and humana health group sliding down 14% as centers for ...
CNBC: Closing Bell
4/2/2024 7:42pm
... holding firm on medicare advantage rates and that is hurting insurance stocks. (vo) what does it mean to be rich? maybe rich is less about reaching a magic number. and more about discovering magic. ...
CNBC: Closing Bell
4/2/2024 7:01pm
... little uneasy. the russell 2000, the biggest loser today. besides the moving rates, oil and gold is higher. the dollar is higher. united health, not higher. the government regarding medicare plan payments and test the following again as delivering numbers missed wall street estimates. this takes us ...
CNBC: Power Lunch
4/2/2024 6:53pm
... they're the worst performer in the s&p, down 14%. why? the medicare advantage program is generally a great business, ...
CNBC: Power Lunch
4/2/2024 6:52pm
... more easily than most of its peers. they can also get a boost from the recently acquired oak street primary health care services. sigma is in the process of selling its small medicare ...
CNBC: Power Lunch
4/2/2024 6:52pm
... confirmed. they cut the start. environment poses a big headwind for humana which covered 70% of its revenue from ma. united health is just as big and medicare advantage. on the services side with 90000 doctors it can concoct ...
CNBC: Power Lunch
4/2/2024 6:51pm
... the seniors for medicare and medicaid say in 2025, there will be a 3.7% payment increase on average. in january, people that there were going to raise it more. scott fedele says the effective rate amounts to is 16 basis point cut between other ...
CNBC: Power Lunch
4/2/2024 6:51pm
... insurers, bertha. it's basically medicare advantage. there facing disappointing payment rates for 2025. a higher medical usage among seniors and others already pressuring markets. ...
CNBC: Power Lunch
4/2/2024 6:34pm
... in perspective. these are a pretty modest declines here. there's a totally separate issue with healthcare hit hard on where the government will only allow a small increase in medicare advantage. 3.7%. that's a disappointment to the healthcare providers who wanted ...
CNBC: Power Lunch
4/2/2024 6:31pm
... side, humana hit by lower than expected medicare rates. it is down nearly 14%. details further ahead. we will be right back. not all caitlin clarks are the same. caitlin clark. city planner. ...
CNBC: The Exchange
4/2/2024 6:00pm
... index, costing the dow more than 200 points all by itself. changes to medicare rates weighing on the health insurers today. we'll have more on that coming up. big tech also tumbling today. the nasdaq down more than the s&p on a percentage basis. and the so-called speculative tech trade is getting ...
CNBC: Power Lunch
4/2/2024 6:00pm
... unitedhealth, a huge drag on the index, costing the dow more than 200 points all by itself. changes to medicare rates weighing on the health insurers today. we'll have more on that coming up. big tech also tumbling today. the nasdaq down more than the s&p on a percentage basis. and the so-called ...
CNBC: The Exchange
4/2/2024 5:32pm
... and check out health care shocks after the biden administration did not boost payments for the medicare plan, as much as hoped for. humana is getting crushed the hardest today, falling to its lowest level in four years, ...
CNBC: Fast Money Halftime Report
4/2/2024 4:30pm
... the health insurance business, i will focus on that. one-third of operating income. within that 30% is medicare. we're talking 12, 15% of operating income is medicare. payments will be 1%. ...
CNBC: Fast Money Halftime Report
4/2/2024 4:29pm
... now i'm in a bad move. you should be. it is the biggest drag for the dow. i think that alone has a couple hundred points peeled off of the average. what do you want to do with this? this is related to medicare and ...
CNBC: Squawk on the Street
4/2/2024 2:48pm
... preauthorizations. if you need that procedure the doctor may have to go through more hoops to get there. we're seeing tension between hospitals and providerer groups and the insurers over rates with some hospitals saying they might not deal with medicare advantage ...
CNBC: Squawk on the Street
4/2/2024 2:48pm
... could we see an impact for consumers where these insurers decide to cut back on benefits for medicare customers? if not the benefits themselves, you could see more hurdles in terms of getting ...
CNBC: Squawk on the Street
4/2/2024 2:48pm
... to use wegovy, for example, for heart conditions, that's an expensive drug which medicare is already paying about $4.6 billion on as of 2022. so the numbers are going to get a little tougher for 2025. ...
CNBC: Squawk on the Street
4/2/2024 2:47pm
... hospitals and doctors raising their rates and the medicare advantage market incredibly competitive. insurers risk losing market share if they actually raise premiums too high to maintain margins. it's tricky as they start looking out here to their 2025 plans. ...
CNBC: Squawk on the Street
4/2/2024 2:45pm
... of rates they will pay. they usually revise them to a higher level. not this time. for 2025, cms says it's maintaining its outlook of a 3.7% payment increase on average for medicare advantage plans. ...
CNBC: Squawk on the Street
4/2/2024 2:45pm
... shares of health insurers tumbling across the board. it's not all about the red tape today. to bertha coombs with more on what's driving that action. carl, usually the center for medicare and medicaid revises its advance notice for what kind ...
CNBC: Squawk on the Street
4/2/2024 2:42pm
... both for joining us with some picks in thedown market. appreciate it. still to come health insurer stocks hitting freshlows today. what medicare has to do with the story after the break. an interview you do not want to ...
CNBC: Squawk on the Street
4/2/2024 2:21pm
... tesla is part of the story but we have a selloff. the dow down about 433 points. 182 points of that loss is united health care. these health insurers are getting slammed today. it's not just them, humana, cvs health, after the medicare ...
CNBC: Squawk on the Street
4/2/2024 2:01pm
... services like medicare advantage and prescription drug coverage and planned a 3.7% hike in 2025. the same as what was proposed back in january. investors were expecting a larger hike and that's why health care is at the bottom of the market. and then check out shares of ...
CNBC: Squawk on the Street
4/2/2024 2:01pm
... investors hitting the brakes on tesla. shares falling after first quarter delivery numbers fell short of estimates. much more on what to do with that stock now coming up. shares of the big health ventures are dropping after the centers for medicare and medicaid services announced how much rates ...
CNBC: Squawk on the Street
4/2/2024 1:33pm
... the amount of benefit cuts needed could begin to weigh on the perceived value of medicare advantage. i know i'm the only one who perhaps avails themselves of this here -- at least for now. for now. ...
CNBC: Squawk on the Street
4/2/2024 1:32pm
... situation. we mentioned at the very top, but we should get to it. in terms of medicare advantage. now you've got downgrades to humana, not helpful. the underlying theme is the same which is deteriorating rate environment becoming a risk to all the estimates for all of ...
CNBC: Squawk on the Street
4/2/2024 1:01pm
... for health insurers. medicare investment rates come in short of expectations. ge shares have been up sharply. the company now completing its final split by spinning off its power generation business. ...
CNBC: Squawk Box
4/2/2024 12:33pm
... the medicare payments are not going to be higher than they had been hoping, and that's affecting insurers across the board. s&p futures down by 27. the nasdaq off by 97 parent of that because of what's happening in the treasury curve. right now, you're going to see the ten-year yield creeping ...
CNBC: Squawk Box
4/2/2024 12:04pm
... stories, the worst market performer in the dow. that stock and another stock is getting hit on the announcements from medicaid and medicare services that government payments to medicaid advantage plans thex year are expected to increase by 7.3%, and that was ...
CNBC: Squawk Box
4/2/2024 10:05am
... next year's 2025 rate announcement for medicare advantage and prescription drug coverage in the final rate of 3.9% increase. 3.7% increase. it is unchanged from the earlier proposal in january. ...
CNBC: Squawk Box
4/2/2024 10:05am
... medimmemedicaid services and itt go up muchin the inflationary environment? you don't have as much. shares are tumbling across the board. centers for medicare and medicaid services finalized the ...
CNBC: Squawk Box
4/2/2024 10:05am
... quickly. joe. it is interesting. you think about wage gains and you have to measure wage gains with inflation. what about when the cms gives you an increase in medicare and ...
CNBC: Worldwide Exchange
4/2/2024 9:51am
... shares of health insunsurer are getting hit after the medicare drug coverage who was. and csx will begin a freight rail service from baltimore to new york today. it moves the deal following the ...
CNBC: Worldwide Exchange
4/2/2024 9:09am
... h massive reorganization plan. shares of insurers are getting hit after the medicare finalizes the prescription drug coverage. this rate of 3.7% is unchanged ...
CNBC: Fast Money
4/1/2024 9:23pm
... medicaid finalizing their rates for medicare advantage and part d programs in 2025, in line with the government's initial proposal, but coming in below wall street's expectations. the decision dealing a blow to manage care stocks, which are dropping sharply in the extended hours. for more, we're ...
CNBC: Fast Money
4/1/2024 9:22pm
... you want powerful. get powerful. get real deal speed, reliability and power with xfinity. she shoots from here? that's kinda my thing. the centers for medicare and ...
CNBC: Fast Money
4/1/2024 9:19pm
... back of that day, and we'll come back in a month and so, ah, that was something. coming up, a manage care meltdown going on right in the afterhours. shares of united health and others plunging after the centers of medicare and me medicaid. what it means for these stocks. ...
CNBC: Power Lunch
4/1/2024 6:52pm
... to service providers who were affected, but longer term and bigger picture, they are the biggest medicare advantage provider, and as you're look at demographics in the united states, you have over 10000 baby boomers every day hitting age 65. that is going to continue to benefit them, and their ...
CNBC: Squawk on the Street
4/1/2024 1:20pm
... back surgery. it's, 'we're from medicare and we're here to help you.' you say, i'm going to the justice department, and they hang up. you call the number back, and it's not in service. three people, who had very cogent stories about what medicare was willing to do for ...
CNBC: Fast Money
3/28/2024 9:45pm
... return, and -- and what's the denominator? ten years worth of -- that should be earned back over five years, ten years and shouldn't that be a patent, right? the reason why companies have a patent, unless the drug is put on the medicare part d list, in which case, it could be subject ...
CNBC: Squawk on the Street
3/28/2024 1:56pm
... this whole thing they have to to have a hacker know everything about you -- it's the first time i ever had this. they represent themselves very well from medicare they say they're the medicare part that deals with this issue. ...
CNBC: Squawk on the Street
3/28/2024 1:55pm
... i think the hacks continue this is the worst. i get a call from someone who has my medical records they represent themselves from medicare i challenge them and want to speak to the supervisor. they say, no then i call back and the line ...
CNBC: Squawk on the Street
3/27/2024 1:12pm
... which is what i got a call on, that's the hack. the hack has been distributed, and it's something -- first time i've ever felt -- i got five calls in the last week of different medicare providers who knew everything about me, and ...
CNBC: Squawk on the Street
3/27/2024 1:12pm
... google there's tremendous hallucination, and they're fooling people all the time, and so you really do want to get a single source of truth about this by the way, everyone who's been getting calls on medicare and something they know about you, ...
CNBC: Squawk Box
3/27/2024 10:54am
... they were asking me $35000, $40000 a year, this is coming in at $238000 a year. about two-thirds of the population is covered by medicare, medicaid one third will be commercially ...
CNBC: Worldwide Exchange
3/27/2024 9:37am
... particular, you know, my colleagues do a lot of work in that space and it's really drug approvals and medicare where there's a lot of interest. you know, in general, the democrats, as you suggested, are much more open to negotiating ...
CNBC: Squawk Box
3/26/2024 11:04am
... medicare, medicaid or social security i can't remember the last time you were on, but we had a lot of data points and fed ...
CNBC: Squawk Box
3/22/2024 12:03pm
... in spending while not affecting social security or medicare. joining us now, to respond to that illinois democratic congressman raja krishnamoothi. ...
CNBC: Squawk Box
3/21/2024 12:18pm
... while not affecting social security or medicare. this is possible 20to do but toh blig big choices. lipt skies and scope of the government. there is a path to do it. talking about it a long time. ...
CNBC: Squawk Box
3/21/2024 12:17pm
... this report. we called it the highlights, but they were really the lowlights and do you haven in answer for what we need to do? your candidate, former president trump, won't touch social security or medicare. even when he didn't even say ...
CNBC: Squawk Box
3/21/2024 11:27am
... cuts. i would look at growing -- raising the retirement age for younger workers. lots of things we can do on health care cost that is would slow the growth there looking how the medicare payments program is structured. you do have to do domestic discretionary cuts like in the ...
CNBC: Squawk Box
3/21/2024 11:25am
... the more accepsensitive to grow interest rates, it will show the vulnerabilities that are even worse because we waited so long to fix the problems. the other issue you mentioned but social security and medicare both have trust funds that are going insolvent in about a decade. by waiting and doing ...
CNBC: Fast Money
3/20/2024 9:50pm
... money.' shares of novo nordisk taking a dip after a worth from the congressional budget office that suggested medicare coverage of blockbuster obesity drugs could put a strain on the federal budget. with the cost to cover them outweighing potential savings from a reduction in other health ...
CNBC: Squawk Box
3/20/2024 11:37am
... big picture, what i hope we all can agree on is the united states faces quite substantial revenue needs. over the course of the next decade, it will rise to 119%. social security and medicare trust funds are set to be ...
CNBC: Squawk Box
3/15/2024 11:19am
... 28th. attack happened on february 21st. cms, the center for medicare, medicaid services didn't put out a statement until the 25th. the government was slow to act ...
CNBC: Squawk Box
3/14/2024 12:24pm
... medicare's buying power to lower cost of prescription drugs. this budget proposes increasing that formulary, that list of drug wes negotiate over by a factor of five. that's going to be really important in future cost reduction, and then, of course, you mentioned. ...
CNBC: Squawk Box
3/14/2024 12:09pm
... accused him of saying a couple minutes ago, if he actually did say i will look at means testing, ways of reforming medicare, medicaid, social security so that we can somehow bring it into, 20 years from now, it will be solvent. ...