Latest Headlines

Latest Headlines

Humana, Coventry win state Medicaid contracts

After the U.S. Department of Health & Human Services told Kentucky officials it must provide more managed care choices to Medicaid beneficiaries, the state awarded 18-month contracts to Coventry, Humana and Wellcare, Business First reported.

Coventry investors sue to block Aetna acquisition

Coventry investors have filed a lawsuit to block Aetna's $5.6 billion acquisition of the insurer, claiming the company's chief executive failed to adequately shop around for the highest offer.

Does Aetna-Coventry deal signal end of M&A activity?

The merger between Aetna and Coventry, which was just announced Monday, may be one of the last big deals where major insurers acquire smaller Medicare- and Medicaid-focused companies.

Coventry loses contracts with state's largest health system

In an apparent attempt to gain the advantage in a payer-provider contract dispute, Kentucky's largest health system has terminated all contracts with Medicaid managed care provider Coventry Cares.

Coventry violates state contract by not covering drug

Coventry Care, a Medicaid managed care insurer in Kentucky, said it will stop covering an expensive medication that helps treat drug addictions. The state, however, condemned the decision as a...

UnitedHealth, Coventry bid for Kansas Medicaid contact

UnitedHealth and Coventry are among the five private insurers that have submitted bids to manage the Kansas Medicaid program, which Gov. Sam Brownback (R-Kan.) plans to transform into a private

UnitedHealth, Coventry scrutinized for favoring brand-name drug

UnitedHealthcare and Coventry are being investigated for their role in Pfizer's attempt to block new generic competition in favor of its cholesterol-lowering drug Lipitor. Since Lipitor lost its

Aetna, Coventry challenge $2B Medicaid decision

Aetna and Coventry are challenging the Louisiana Health Department’s decision to award a statewide Medicaid program worth $2.2 billion to other health insurers. The Louisiana Department of

Allen Wise- 2009 Insurance CEO Compensation

Allen Wise- Coventry Health Care (NYSE: CVH) Total 2009 Compensation: $17,427,789 Compensation breakdown: Base salary of $584,243 Signing bonus of $2,750,000 Stock awards of $4,296,000 Option

Coventry, Medco want to lower costs for seniors

Health insurance companies and pharmacy benefits managers trying to save money for customers? As odd as it sounds, it appears that New Jersey-based PBM Medco Health Solutions and Maryland-based