Forbes October 29, 2025
CVS Health Wednesday reported a $4 billion third-quarter loss related to the reduced value of its Oak Street Health primary care facilities, but the company is getting a handle on health costs that have hit its Aetna health insurance business.
Despite an impairment charge of nearly $6 billion related to the lower value of the Oak Street business, CVS raised its adjusted earnings per share guidance range to “6.55 to $6.65 from $6.30 to $6.40” due in part to the improving performance of Aetna, the nation’s third-largest health insurer with more than 26 million enrollees.
CVS said its health plans’ medical benefit ratio, which is the percentage of premium revenue that goes toward medical costs, dropped to 92.8% in the...
Today's Sponsors
Today's Sponsor