- Health Care Plans industry news provided by Financial News USA. At a time when many people with Medicare in Syracuse are increasingly concerned about finding affordable health insurance, they now have a new Medicare Advantage option for 2010.
Today's Options(R) Preferred Provider Organization (PPO) Medicare Advantage plan provides a cost-effective and comprehensive alternative to Original Medicare or a Medicare supplement plan. People with Medicare can choose to sign up for this new plan during the Annual Election Period that runs from November 15 through December 31.
"As important as it is, especially if you're on a fixed income, affordability is only part of the story," said Mary Lee Campbell-Wisley, Vice President and General Manager of New York for Universal American, which offers Today's Options�(R) PPO plan through its family of companies. [Read the full article]
A Deutsche Bank analyst on Wednesday upgraded shares of Magellan Health Services Inc. a day after the health care outsourcing company raised its 2009 profit outlook and offered 2010 guidance.
Analyst Scott Fidel raised his rating on the Avon, Conn., company to "Buy" from "Hold." In a note to clients, Fidel cited rising revenue and earnings growth prospects for next year, as well as the stock's "discounted valuation" compared to its five-year historical average.
Fidel also said the company has limited exposure to risk from the health care overhaul measures being debated by Congress.
"Given the solid outlook for 2010, we believe (Magellan) shares may be poised for a rebound as investors take a closer look at small-cap stocks that have not participated in the market rally this year yet are showing positive revenue and earnings momentum," Fidel wrote.
On Tuesday, Magellan Health said it projects revenue growth across all lines of business in 2010. [Read the full article]
The Wall Street Transcript has just published its Consumer Health Services Report offering a timely review of the sector to serious investors and industry executives. This 53 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online. [Read the full article]
The Wall Street Transcript has just published its Consumer Health Services Report offering a timely review of the sector to serious investors and industry executives. This 53 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online. [Read the full article]
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