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Atlanta Fed Tackles Falling Labor Force Participation
Monday, August 6, 2012 - 2:23pm | 508Read More...Since the late 1990s, the labor force participation rate has been steadily declining. However, since 2008, this rate of decline has accelerated. The Atlanta Fed published a drat paper on Monday analyzing these trends and trying to discover the root causes of the decline in the labor force...
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Aetna and Humana Earnings Down, Future Remains Cloudy
Tuesday, July 31, 2012 - 12:48pm | 344Read More...Managed healthcare providers Aetna (NYSE: AET) and Humana (NYSE: HUM) both missed second quarter earnings. Aetna earnings fell by 15 percent, blaming a smaller benefit from surplus money set aside to cover earlier patient claims. However, the company did raise its full year guidance. Humana,...
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Bernanke Tells Congress It Needs Better Forward Planning
Wednesday, February 29, 2012 - 1:05pm | 252Read More...During Federal Reserve Chairman Ben Bernanke testimony today before Congress, Republican Congressman Spencer Bachus and Democrat Congressman Barney Frank engaged in a debate over what would be the best way to solve America's growing deficit problem. Congressman Bachus said that the most important...
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Oppenheimer Maintains Hold on Chemed Pending Details of Lawsuit
Wednesday, November 16, 2011 - 12:30pm | 144Read More...Oppenheimer has published a research report on Chemed Corporation (NYSE: CHE) after seeing the company's stock trend downward today on the details of a lawsuit submitted in the US District Court in Dallas, Texas. In the report, Oppenheimer writes, "Shares of Chemed are down significantly today on...
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Has the Market Become Addicted to Cheap Money Fixes?
Friday, September 23, 2011 - 9:54am | 915Read More...FOX Business Network host David Asman warns of a troubling addiction on Wall Street. “Ben Bernanke has two mandates, and he has failed on both,” Asman told Benzinga during a recent Q&A. “[First] to maintain the value of the currency, [and second] to keep unemployment low. Like the President,...
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Boom
Wednesday, August 31, 2011 - 10:51pm | 373Read More...This article on Bloomberg addresses a huge, and largely underreported issue: the aging Baby Boomers. This post WWII cohort has made some recent headlines in regard to entitlement reform. The real impact, however, could be far wider than just the future of both Social Security and Medicare....
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Could Congress Actually Touch The Forbidden Donut?
Thursday, July 7, 2011 - 10:29am | 281Read More...The title is a play on the Medicare donut hole in which is a gap in coverage when people must pay more for drugs, but it looks as if Congress could actually reform Medicare, which would be a tremendous move from their previous stance of not touching the social safety net at all. According to this...
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Republicans Release Proposed Budget
Wednesday, April 6, 2011 - 12:20pm | 203Read More...House Republicans released their plans Tuesday morning to reduce the federal deficit by $5 trillion over the next decade. Republican Paul Ryan, House Budget Committee Representative, unveiled the plan not as a proposal for legislation, but rather as a guideline for future action in Congress and as...
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Republican Rep. Ryan Calls For Medicare Overhaul
Tuesday, April 5, 2011 - 10:23am | 116Read More...House of Representatives Budget Committee Chairman Paul Ryan will announce his plan Tuesday, which aims to cut expenses by fundamentally changing the role the government plays in paying for health care for the elderly. The new plan, which analysts consider unlikely to pass Congress, would phase...
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Oppenheimer Reports On 2012 Medicare Advantage Rates
Tuesday, April 5, 2011 - 7:50am | 61Read More...Oppenheimer has issued a report following the announcement of the Medicare Advantage Rates for 2012. According to the report, "CMS released the FY2012 rate announcement, which would have a net effect of +0.4%, compared to +1.6% in the 45-day notice released in mid-February. The primary reason for...
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WellCare Health Sees Strong Than Expected Medicare Drug Plan Enrollment
Tuesday, January 11, 2011 - 10:12am | 151Read More...Goldman Sachs has published a research report on WellCare Health Plans, Inc. (NYSE: WCG) after the company reported that the Medicare drug plan enrollment showed to be stronger than expected. In the report, Goldman Sachs writes "Ahead of an investor presentation later this week, WellCare announced...
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Social Security Losing Money For Time Ever This Year
Thursday, August 5, 2010 - 3:07pm | 187Read More...Social Security is in the red for the first time ever this year, six years earlier than first thought says the Washington Post. Medicare has been given a 12 year lifeline by President Obama's overhaul of the health care system, whereas Social Security is drying up faster than initially feared. In...
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ASCO Chairman Telling CMS To Start Covering Provenge (DNDN)
Monday, August 2, 2010 - 8:48am | 66Read More...The chairman of the American Society of Clinical Oncology has written a report to the Centers for Medicare & Medicaid Services and is recommending coverage of Dendreon's (NASDAQ: DNDN) cancer drug, Provenge. You can see the letter here. Shares of Dendreon are jumping pre-market, up $1.09 to $...
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Calls Purchased on Gentiva Health Services (GTIV)
Wednesday, July 14, 2010 - 2:35pm | 199Read More...Shares of Gentiva Health Services Inc. (NASDAQ: GTIV) are lower on the session by 4.22%, currently trading at $21.36. The stock has been trading largely lower over the past three months, accelerating that slide to the downside as of late. GTIC is one of several targets in a Securities and Exchange...
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BRIEF: Dendreon Down Sharply in the After-Hours (DNDN)
Wednesday, June 30, 2010 - 5:25pm | 134Read More...Shares of Dendreon Corp. (NASDAQ: DNDN) ended the session off 3.75%, trading at $32.33, but have since cratered in the after-hours trade. The biotechnology company is currently trading at $27.00, off another 16.50%. Dow Jones is reporting that Medicare is probing into their “coverage” of Provenge...



