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U.S. insurers say proposed Medicare cuts less than feared

Started by riky, February 25, 2014, 09:00:16 AM

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riky

U.S. insurers say proposed Medicare cuts less than feared

<p><a href="http://news.yahoo.com/u-insurers-proposed-medicare-cuts-less-feared-175358024--sector.html"><img src="http://l2.yimg.com/bt/api/res/1.2/l7Ar_.YbJ0BIaQqbvZGSzw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-02-24T180632Z_1_CBREA1N1EB000_RTROPTP_2_COVENTRYHEALTH-AETNA.JPG" width="130" height="86" alt="A trader points up at a display on the floor of the New York Stock Exchange" align="left" title="A trader points up at a display on the floor of the New York Stock Exchange" border="0" /></a>U.S. health insurers including Humana Inc said on Monday that the government's proposed cuts to privately run Medicare programs appear to represent a funding decline of around 4 percent, less than the possible cuts of 7 percent or deeper that analysts had been expecting. Shares of most insurers rose on Monday, with Humana leading the pack, up 9.2 percent at $112.29 on the New York Stock Exchange in early afternoon. Shares of UnitedHealth Group Inc were up 2.8 percent at $75.91 and Aetna Inc was up 2.6 percent at $72.24. The U.S. Department of Health and Human Services late on Friday released its proposal for 2015 Medicare Advantage funding.</p><br clear="all"/>

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