CVS says 2024 Medicare Advantage enrollment exceeds expectations
Send a link to a friend
 [January 05, 2024]
(Reuters) -CVS Health said on Friday enrollment for 2024 in some
of its Medicare Advantage plans, through which it provides health
insurance for people aged 65 and older, exceeded its expectations.
The company expects to add at least 800,000 members to its Medicare
Advantage plans in 2024, it said in a regulatory filing.
CVS said the stronger-than-expected enrollment was driven by strong new
sales and retention of its existing members.
The company expects to report full-year 2023 adjusted profit per share
in the upper half of its forecast range of $8.50 to $8.70.
(Reporting by Bhanvi Satija in Bengaluru; Editing by Shilpi Majumdar)
[to top of second column]
|
CVS Health logo is seen displayed in this illustration taken, May 3,
2022. REUTERS/Dado Ruvic/Illustration
[© 2023 Thomson Reuters. All rights
reserved.]This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content. |
