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Clover Health Goes Public Via Chamath Palihapitiya's IPOC SPAC
Tuesday, October 6, 2020 - 12:21pm | 550Chamath Palihapitiya-backed SPAC Social Capital Hedosophia Holdings Corp III (NYSE: IPOC) announced Tuesday that it is bringing Clover Health public at an enterprise valuation of $3.7 billion. Deal Terms: The deal includes $828 million from Social Capital Hedosophia Holdings Corp III...
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Walmart Forays Into Health Insurance In A Bid To Expand Health Care Offerings
Thursday, July 9, 2020 - 6:11am | 416Walmart Inc (NYSE: WMT) is venturing into the sale of health insurance; a move that expands the retailer’s presence in the health care segment. What Happened “Walmart now has an insurance agency,” announced the retailer in a job listing for medical insurance agents. The newly...
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PreMarket Prep Stock Of The Day: UnitedHealth Group
Wednesday, April 15, 2020 - 2:15pm | 677Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...
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Here's How Much Investing $100 In UnitedHealth Stock Back In 2010 Would Be Worth Today
Wednesday, April 15, 2020 - 7:16am | 384Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500's (NYSE: SPY) total return for the decade was 250.5%. But there’s no question some big-name stocks did much better than others along the way. UnitedHealth’s Big Decade One...
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What's Behind Nanocap Biotech Myomo's 400% Rally In 2 Days?
Wednesday, February 5, 2020 - 4:33pm | 404Myomo Inc (NYSE: MYO) shares ran wild Tuesday and the momentum continued in Wednesday's session. German Insurance Coverage Secured Myomo, a wearable medical robotics company that offers expanded mobility for those suffering from neurological disorders and upper limb paralysis, said...
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'Affordability Is A Huge Challenge': PeopleKeep's CEO On Health Care Benefits
Friday, November 8, 2019 - 11:28am | 780For those who are searching for a job in today’s market, finding a company with good benefits is one of the most important factors. According to data from 2017 calculated by the United States Census Bureau, 8.8%, or 28.5 million, Americans did not have health insurance at any point during the...
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What You Need To Know About Elizabeth Warren's Plan To Pay For 'Medicare For All'
Friday, November 1, 2019 - 4:59pm | 397Democratic presidential candidate Sen. Elizabeth Warren proposed Friday to pay for a "Medicare for All" health care system without raising taxes on most people. Warren said she could raise more than $20 trillion over a decade for the system through charges levied on large employers, a...
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Mizuho Starts Bullish Coverage On Health Insurance Stocks
Friday, October 18, 2019 - 11:58am | 601Mizuho recommended buying three health insurer stocks as it initiated coverage of the sector Thursday. The Analyst Mizuho's Ann Hynes initiated coverage of Humana Inc. (NYSE: HUM) with a Buy rating and $316 price target. Hynes started Cigna Corp. (NYSE: CI) with a Buy and...
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Supreme Court ACA Reimbursement Case Will Have Minimal Effect On Big Insurers
Wednesday, June 26, 2019 - 4:27pm | 946A Supreme Court case tackling whether the federal government must reimburse health insurers that lost money participating in the Affordable Care Act is worth billions collectively and will be closely watched — but the outcome is unlikely to have a big impact on the insurers’ bottom...
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Credit Suisse: Growing Enrollment, 2019 Tailwinds For Humana Justify Bullish Stance
Thursday, February 8, 2018 - 1:39pm | 393Projected 2019 tailwinds led Credit Suisse to upgrade Humana Inc (NYSE: HUM) after the health insurer released a beat-and-raise fourth-quarter report Wednesday. The Analyst Credit Suisse analyst A.J. Rice upgraded shares of Humana from Neutral to Outperform and increased the price target...
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9 Million American Children Lost Funding For Their Insurance
Monday, October 2, 2017 - 1:27pm | 496In 1928, Congress passed a joint resolution establishing Child Health Day, the express purpose of which was to raise awareness “of the fundamental necessity of a year-round program to protect and develop the health of the children of the United States.” Monday, on the nation’s...
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Putting Failed Aetna Deal Behind It, Humana Is Refocused On Growth; Analyst Upgrades The Stock
Friday, June 9, 2017 - 10:40am | 360Argus in a note released on Friday upgraded shares of Humana Inc (NYSE: HUM), with the upgrade premised on the belief that the company has strong growth prospects as an independent company following the termination of its merger agreement with Aetna Inc (NYSE: AET). The Annulled Deal Aetna...
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Analysis: Don't Look For The CBO Scoring To Keep AHCA Bill Off Trump's Desk
Friday, May 26, 2017 - 3:18pm | 660Height Securities released its latest analysis of the American Health Care Act Friday following the Congressional Budget Office’s scoring report. Height analyst Stefanie Miller believes the CBO’s scoring will not hinder Republican efforts to move the bill through to the President...
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Senate Needs To Move Fast On Healthcare Before Overhauling Tax Code
Thursday, May 11, 2017 - 3:20pm | 669Somewhere beyond the cacophony over President Donald Trump’s firing of FBI Director James Comey is a steady, behind-the-scenes hum about healthcare, which won’t stay yesterday’s news for very long. Analysts at Height Securities, LLC say the U.S. Senate has to deal with healthcare...
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Health Insurers Respond To Trump's Threat To Withhold Their Payments As Bargaining Chip In Healthcare Debate
Monday, April 17, 2017 - 3:11pm | 927President Donald Trump is trying to bring the Democrats to their knees with respect to the Affordable Care Act through devious means. He has recently issued threats to health insurers, suggesting that his government would not reimburse the companies for their coverage of low-income individuals....