Federal Government to revise Medicare Advantage Plans ratings [Yahoo! Finance]
Elevance Health, Inc. (ELV)
Company Research
Source: Yahoo! Finance
This action could lead to substantial additional bonus payments for insurers in the next year, a welcome development for Medicare insurers grappling with escalating healthcare costs and lower-than-anticipated rates for the coming year. The Centers for Medicare and Medicaid Services (CMS) is expected to announce this decision soon. Following the news, insurers Humana Inc (NYSE:HUM), Centene Corp (NYSE:CNC), Elevance Health Inc (NYSE:ELV), saw gains of 1.6% 1.5% and 1.9%, respectively. The annual ratings determine the bonus payments that insurers receive in the following year. Recent court rulings have criticized the CMS for its ratings methods in cases filed by insurers SCAN Health Plan and Elevance Health. Both SCAN, a non-profit organization, and Elevance, one of the largest Medicare insurers, were successful in their challenges of the CMS' ratings calculations last week. Related Articles Federal Government to revise Medicare Advantage Plans ratings UK's Bellway says r
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ELV
News
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- Elevance Health, Inc. (ELV): A Feminist Stock that Benefits from Health Care Growth [Yahoo! Finance]Yahoo! Finance
- Elevance Health Insiders Sold US$9.2m Of Shares Suggesting Hesitancy [Yahoo! Finance]Yahoo! Finance
ELV
Earnings
- 4/18/24 - Beat
ELV
Sec Filings
- 6/20/24 - Form 11-K
- 6/12/24 - Form 8-K
- 5/30/24 - Form 8-K
- ELV's page on the SEC website