U.S. health insurers can include the cost of federal taxes in determining whether they spend enough on patient care, increasing the amount that can be kept for administration or profit under new rules. Company shares rose .
WellPoint Inc.’s Angela Braly chided Barack Obama for spreading “false information” about health insurers two years ago. She’s now facing tough questions about her own performance from investors calling for her ouster.
UnitedHealth Group Inc. , the largest U.S. insurer by sales, promoted Mike Mikan and Gail Boudreaux to run the health-services and health-benefits divisions, moves that may signal the executives are candidates to head the company in the future.
The Standard & Poor’s 500 Index trimmed losses in the final two hours of trading ahead of data forecast to show growth in consumer confidence and spending tomorrow, the final day of the best first quarter since 1998.
UnitedHealth Group Inc.’s next quarter won’t be as good as the one reported today, Chief Executive Officer Stephen Hemsley said in comments that dropped the shares of the top U.S. health insurer by sales.