Why Several Insurers Are Cutting/Withdrawing Their Earnings Guidance

Why Insurers Are Cutting or Withdrawing Their Earnings Guidance

Insurance companies are having a rough go of it recently.Numerous companies this month have announced that they are withdrawing or reducing their earnings guidance for the year. For instance:On Tuesday, Oscar Health announced that it is anticipating a loss from operations of $200 million to $300 million for the year, after previously expecting earnings of $225 million to $275 million. Last week, Elevance Health announced that it reduced its outl…

Why Several Insurers Are Cutting/Withdrawing Their Earnings Guidance

Numerous insurers — including Oscar Health, Elevance Health, Molina Healthcare and Centene — have announced they’re cutting or withdrawing their earnings guidance for the year. And the individual market seems to be the culprit. The post Why Several Insurers Are Cutting/Withdrawing Their Earnings Guidance appeared first on MedCity News.

Why Several Insurers Are Cutting/Withdrawing Their Earnings Guidance – RamaOnHealthcare

Numerous insurers — including Oscar Health, Elevance Health, Molina Healthcare and Centene — have announced they're cutting or withdrawing their earnings