Health insurer Anthem has bumped up its 2015 forecast again after earnings jumped more than 17 percent in its most recent quarter.
NEW YORK - Anthem is buying rival Cigna for $48 billion in a deal that would create the nation's largest health insurer by enrollment, covering about 53 million U.S patients.
UnitedHealth continued to juice up its business outside health insurance in a better-than-expected second quarter while rivals scrambled to add enrollment in a wave of mega-mergers sweeping the sector.
Natural gas overtook coal as the top source of U.S. electric power generation for the first time ever earlier this spring, a milestone that has been in the making for years as the price of gas slides and new regulations make coal more risky for power generators.
FBI agents and Indiana State Police raided the home of Subway restaurant spokesman Jared Fogle on Tuesday, removing electronics from the property and searching the house with a police dog, two months after the then-executive director of Fogle's foundation was arrested on child pornography charges.
More than a third of the U.S. population has health coverage through an insurer that either wants to make a huge acquisition or is about to be swallowed up in one. The impact on the average consumer can't be boiled down to dollars and cents.
The nation's second-largest drugstore chain will pay about $1.9 billion to run Target's in-store health operations and expand what they offer for customers.
Health insurers say higher-than-expected care costs and other expenses blindsided them this year, and they're going to have to hike premiums beyond 10 percent for 2016.
Humana shares soared well beyond all-time high prices Friday on speculation that the company, one of the nation's biggest health insurers, might be up for sale.
UnitedHealth off to a roaring start in 2015 as insurance and pharmacy businesses boom.