Major U.S. health insurers say they will streamline controversial process for approving care

Major U.S. health insurers say they will streamline controversial process for approving care

UnitedHealthcare signage is displayed on an office building in Phoenix, Arizona, on July 19, 2023. Patrick T. Fallon | Afp | Getty Images Health plans under major U.S. insurers said Monday they have voluntarily agreed to speed up and reduce prior authorizations – a process that is often a major pain point for patients and … Read more

UnitedHealth Group CEO Andrew Witty steps down, company suspends annual forecast

UnitedHealth Group CEO Andrew Witty steps down, company suspends annual forecast

Andrew Witty, CEO of UnitedHealth Group, testifies during the Senate Finance Committee hearing titled “Hacking America’s Health Care: Assessing the Change Healthcare Cyber Attack and What’s Next,” in the Dirksen Building in Washington, D.C., on May 1, 2024. Tom Williams | Cq-roll Call, Inc. | Getty Images UnitedHealth Group on Tuesday announced the surprise exit … Read more

Healthy Returns: Trump seeks to change Medicare drug price negotiations in a win for pharma

Healthy Returns: Trump seeks to change Medicare drug price negotiations in a win for pharma

U.S. President Donald Trump speaks to the media during the annual White House Easter Egg Roll, on the South Lawn of the White House in Washington, D.C., U.S., April 21, 2025. Leah Millis | Reuters A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to … Read more

UnitedHealth’s stock is plunging on higher medical costs. That may mean trouble for more insurers

UnitedHealth’s stock is plunging on higher medical costs. That may mean trouble for more insurers

The logo of UnitedHealth appears on the side of one of its office buildings in Santa Ana, California, on April 13, 2020. Mike Blake | Reuters UnitedHealth Group‘s stock sank 20% on Thursday after the company slashed its annual profit forecast, citing higher-than-expected medical costs in its privately run Medicare plans.  Those bleak results from … Read more

CVS earnings: (CVS) stock rises

CVS earnings: (CVS) stock rises

The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada, on Feb. 7, 2024. Patrick T. Fallon | AFP | Getty Images After a dismal 2024, CVS Health could be starting to turn itself around.  Some investors seem convinced, especially after the retail drugstore chain on … Read more