Aetna Reveals Health Care Denial Rates In Medicare Advantage Court Case For NYC Retirees
Portfolio Pulse from Charles Gross
Aetna, a CVS Health company, revealed its health care denial rates in a Medicare Advantage court case involving New York City retirees. The company has been accused of denying coverage to thousands of retirees, leading to a class-action lawsuit.
June 13, 2023 | 9:53 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
CVS Health's subsidiary Aetna faces a class-action lawsuit over alleged denial of coverage to thousands of NYC retirees in a Medicare Advantage court case.
Aetna, a CVS Health company, is facing a class-action lawsuit due to alleged denial of coverage to thousands of New York City retirees. This legal issue could negatively impact CVS Health's reputation and financial performance in the short term, leading to a potential decline in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100