Humana shares were rising early Tuesday after the health insurer said it expects its earnings this year to be broadly flat.
Humana shares were rising early Tuesday after the health insurer said it expects its earnings this year to be broadly flat.
Cigna Group is not pursuing a combination with Humana the health insurer said on Monday, following recent media reports that it had revived a pursuit to buy its smaller rival.
U.S. health insurer Cigna Group has revived efforts to merge with smaller rival Humana after abandoning the pursuit late last year, Bloomberg News reported on Friday, citing people familiar with the matter.
Shares of Humana Inc. were headed for another sharp selloff on Tuesday, toward a more than four-year low, after the government cut its rating on one of the health insurer’s large Medicare Advantage plans because it missed some performance measures.
Shares of UnitedHealth Group and other insurance providers tumbled Wednesday after the company said that seniors have been catching up on procedures delayed during the pandemic, leading to rising costs for insurers.