Connect to share and comment

Desjardins Q1 earnings drop five per cent to $378 million despite loan growth

The Canadian PressMay 11, 2013 02:31
MONTREAL - Desjardins Group reported Friday that low interest rates caused its surplus earnings to drop five per cent to $378 million despite higher loans and insurance revenues. Quebec's largest financial institution said its earnings as of March 31 were down $20 million from $398 million a year ago. Revenues increased to $2.86 billion from $2.77 billion on a 6.3 per cent increase in loans. However, interest income decreased by $30 million to $934 million due to low interest rates.

Aetna's 1st-quarter profit slips 4 per cent, health insurer raises 2013 forecast

The Canadian PressApril 30, 2013 07:15
Aetna's first-quarter net income fell 4 per cent as acquisition-related costs and rising health care expenses more than offset government business gains for the health insurer. But earnings still topped analysts' expectations, the company raised its 2013 forecast and said it expects more growth on top of that once it closes the acquisition of fellow insurer Coventry Health Care. Shares of the Hartford, Conn., company reached their highest price in more than five years in Tuesday morning trading after the company announced results.

Analysis - Ahead of reform, medical care slowdown hits U.S. companies

April 22, 2013 01:30
By Bill Berkrot NEW YORK (Reuters) - As the clock ticks down to the start of a U.S. healthcare overhaul, companies from device makers to hospital chains have been surprised to see Americans make even fewer trips to the doctor's office. Use of non-emergency medical services has been weak for several years in the wake of a deep recession, high joblessness and the steadily rising cost of care.

public health insurance-seniors

March 17, 2013 07:31
SEOUL, March 17 (Yonhap) -- Medical expenses for senior citizens represented more than 30 percent of all medical spending covered by South Korea's national health insurance program last year, data showed Sunday. According to the data by the National Health Insurance Service (NHIS), the country's state-run health insurance firm, medical expenses for people aged 65 or older accounted for 34.4 percent of all medical spending by the firm in 2012. The ratio has been increasing since 2005 when it registered 24.4 percent.

Health plan to pay anorexic woman's care after U.S. court ruling

March 4, 2013 12:45
By Lawrence Hurley WASHINGTON, March 4 (Reuters) - A health insurance plan must pay for an anorexic woman's residential treatment under a court ruling that remains intact after the U.S. Supreme Court refused on Monday to consider the insurance plan's appeal. Blue Shield of California originally denied Jeanene Harlick's claim after she sought treatment at a Missouri center that focuses solely on eating disorders.

Esquire report on Navy SEAL comes in for criticism

February 13, 2013 13:01
The US government has not denied health insurance to the Navy SEAL who killed Osama bin Laden despite a magazine article that implied otherwise, officials said Wednesday. In a lengthy profile this week in Esquire magazine, the commando -- whose identity was kept secret -- is portrayed as a neglected hero who must buy private health insurance and struggle to earn income after retiring from a 16-year career in uniform.
Syndicate content