Highlights
A collection of news and information related to Coventry Health Care Inc. published by this site and its partners.
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CareFirst proposes 25 percent rate increase under health care reform
Blaming the cost to implement health care reform, the state's largest health insurer has proposed eye-popping rate increases to state regulators for individuals and small businesses. CareFirst BlueCross BlueShield wants to raise rates an average of 25...
Tags: Insurance, Judges, Aetna Inc., Heritage Foundation, Healthcare Policies
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U.S. stocks end higher despite negative news much of year
Despite all the cliff drama in the past week that sent stocks spiraling downward, all three major U.S. stock indices ended the year higher — which might come as a surprise to many investors
U.S. stocks rallied Monday in the last hours of trading...Tags: Barack Obama, Sourcefire, Inc., Wells Fargo & Co., Inflation and Deflation, U.S. Elections
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Insurer to pay $3 million to avoid prosecution in Medicare case
A Bethesda-based insurance company that gained advantage over competitors by allowing its employees to inappropriately access a federal Medicare database has agreed to pay the federal government $3 million to avoid criminal prosecution, according to the...Tags: Medicare, Insurance, Bethesda (Montgomery, Maryland), Computing and Information Technology Industry, Justice System
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$5.6B deal positions Aetna for changing health care market
Aetna's plans announced Monday to acquire Coventry Health Care Inc. for $5.6 billion could catapult the insurance giant to the front of an industry race to capitalize on Obamacare and the health needs of aging baby boomers. The deal, subject to...
Tags: Cigna Corporation, Medicare, Insurance, Aetna Inc., Healthcare Policies
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One Baltimore company on Fortune 500 list — for last time
Baltimore made the newest Fortune 500 list by the skin of its teeth — with a company that was based here last year but is now part of an out-of-state concern.
Constellation Energy Group, which merged with Chicago-based Exelon Corp. in March, is No....Tags: Montgomery County (Maryland), Exelon Corp., Anirban Basu, Johns Hopkins University, Business Enterprises
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Lost 'Fortune'
Walk the streets of downtown Baltimore, and you might feel the presence of its corporate ghosts. On Gay Street, perhaps you'll meet Alexander Brown, the Irish immigrant who started the nation's first investment firm here more than 200 years ago.
Head...Tags: Wells Fargo & Co., University of Baltimore, Manufacturing and Engineering, Aerospace Manufacturing, Ketchup
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Redmer lays HMO cost rise to Democrats
Sun StaffRebuffing partisan calls for his resignation, state Insurance Commissioner Alfred W. Redmer Jr. defended yesterday his handling of requests from insurers to pass on a recently approved 2 percent HMO tax to consumers, saying he is following the procedure...Tags: Martin O'Malley, Justice System, John Adams, Thomas V. Mike Miller, Private Health Care
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Salary comparisons difficult to make for CareFirst's chief
Sun StaffCareFirst BlueCross BlueShield is a nonprofit - except that it pays taxes unlike a charity, competes with for-profit insurers, tried to convert to a for-profit itself and is currently promoting its charitable efforts to stave off critics. Got that? If...Tags: Insurance, CareFirst BlueCross BlueShield, Wages and Pensions, Judaism, Charity
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Once-hot stock option programs losing some luster
Sun StaffIt wasn't so long ago that stock options were the equivalent of corporate America's lottery. That still may the case be for a handful of Maryland executives. Among those who got mega-grants last year, Coventry Health Care Inc. CEO Dale B. Wolf...Tags: Human Genome Sciences Inc., Guilford (Baltimore, Maryland), Auto Trends, Provident Bank, Aon PLC
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CEOs find that pay is now tied to results
Sun StaffAt first glance, Nolan D. Archibald might seem like a perfect example for critics of runaway executive pay. The chief executive of Black & Decker Corp. pulled in a base salary of nearly $1.5 million and a bonus of $3 million last year while...Tags: National Basketball Association, General Electric Company, Peter Kennedy, Shareholders, Auto Trends
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Business People - May 19, 2013
The Bismarck Tribune, N.D.Bott joins firm Chris Bott has joined the Mandan office of Interstate Engineering Inc. as a senior project engineer. Bott has more than 20 years of engineering experience and has a bachelor's degree in civil engineering from the University of Illinois...Tags: Springfield, Insurance, Colleges and Universities, Science, Personal Finance
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US senator says Sebelius should stop healthcare fundraising
Reuters* House Republicans seek identity of companies contacted * Senate Republican calls on Sebelius to cease fund-raising By David Morgan WASHINGTON, May 13 (Reuters) - An Obama administration effort to raise private donations to help implement President...Tags: Barack Obama, Cigna Corporation, Kathleen Sebelius, U.S. Senate, Justice System
Apr 24, 2013
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Jan 1, 2013
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Nov 19, 2012
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Aug 20, 2012
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May 7, 2012
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May 1, 2011
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Jan 27, 2005
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May 19, 2013
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May 13, 2013
|Story| Reuters
