Coventry Health Care News

The state has lined up 90-day emergency contracts with two HMO health plan providers to make sure state employees and retirees are covered for a new plan year kicking in July 1. The emergency contracts were arranged with Coventry Health Care and Health Alliance Medical Plans, both of which have submitted proposals to provide coverage for 2013 and ... (more)

Closing what the nation's physicians hope is one of the final chapters in their nearly decade-long stand against the managed care industry, the Blues are the latest health plans to settle doctors' claims of improper payment practices.

SAN DIEGO, May 17, 2012 /PRNewswire/ -- Sequenom Inc., through its wholly owned subsidiary Sequenom Center for Molecular Medicine, LLC, entered into the recently announced provider network participation agreement with Coventry Health Care National Network, Inc.

Genetic analysis products maker Sequenom Inc said insurer Coventry Health Care Inc terminated an agreement to provide coverage for its prenatal test to detect certain chromosomal abnormalities including Down Syndrome.

NEW YORK &#8212 Shares of some top managed care companies are mixed at 1 p.m.: Aetna fell $.28 or .7 percent, to $39.93. Cigna Corp.

Fort Lauderdale, Fla. - Seniors, advocates, health plan members and shareholders of Coventry Health Care will gather inside and outside of the company's annual meeting Thursday to demand that the company stop using policyholder premiums and taxpayer money to secretly fund political actions that hurt American families.

After cutting off access to a prescription drug used to treat addiction, Kentucky Medicaid contractor CoventryCares of Kentucky has resumed coverage for the drug.

Sequenom Inc said insurer Coventry Health Care Inc will provide coverage for its prenatal test to detect certain chromosomal abnormalities including Down Syndrome.

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NEW YORK &#8212 Shares of some top managed care companies are mixed at 1 p.m.: Aetna fell $.31 or .7 percent, to $42.67. Cigna Corp.

NEW YORK &#8212 Shares of some top managed care companies are down at 1 p.m.: Aetna fell $.88 or 2.0 percent, to $43.13. Cigna Corp.

Insurer Cigna Corp posted a lower-than-expected first-quarter profit on Thursday, as earnings slipped in its segment offering disability and life coverage policies.

There is good news for income investors. With Nasdaq's initialization of its first dividend on April 25th, the number of dividend payers in the S&P 500 is now at 402, a dozen year high.

On Friday, Coventry Health Care, Inc. reported its first quarter earnings and discussed the following topics in its earnings conference call.

The analysts wrote, "CVH reported a disappointing quarter where it cut core guidance by $0.58 driven by a blow up related to losses in its new Kentucky Medicaid business.

Humana Inc posted a 21 percent decline in quarterly profit on Monday, missing Wall Street's target, as higher medical benefit costs weighed on the health insurer's results.