Topic: Health and Human Services Sector

Officials ask Anthem to justify rate hike in Calif

Anthem Blue Cross rate hikes on Calif policies criticized by Obama admin, state regulatorOver the past 12 years, Josh Libresco's health insurance premium has increased almost eight-fold for his family of four. The 54-year-old San Rafael resident is facing a 39 percent rate hike from Anthem Blue Cross on ...
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AstraZeneca gets OK for expanded Crestor use

Federal regulators have granted AstraZeneca approval to market its cholesterol pill Crestor as a preventive measure against heart attack and stroke in patients with healthy cholesterol levels. The Food and Drug Administration decision will allow the company to promote Crestor to millions of U.S. patients who traditionally have not ...
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CVS Caremark profit tops view; shares up 6 percent

CHICAGO (Reuters) - CVS Caremark Corp <CVS.N> said recent problems at its pharmacy benefits management unit have been corrected and it posted a slightly better-than-expected rise in quarterly profit as its drugstore bested its rivals, driving the company's shares up as much as 8.8 percent. CVS ...
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CVS Caremark 4Q profit grows 11 percent

CVS profit rises in 4th quarter as revenue from Caremark pharmacy benefits unit increasesCVS Caremark Corp., one of the nation's biggest drugstore operators, said Monday its profit rose 11 percent in the fourth quarter as results improved for its pharmacy benefits management business. CVS shares rose $1.95, or ...
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