Latest news with #Aetna
Yahoo
3 days ago
- Business
- Yahoo
CVS Health's (CVS) Dividend Outlook: Can the Retail-Pharma Giant Deliver in 2025?
CVS Health Corporation (NYSE:CVS) is included among the 14 Best Pharma Dividend Stocks to Buy in 2025. A row of shelves in a retail pharmacy, demonstrating the variety of drugs and over-the-counter products. CVS Health Corporation (NYSE:CVS)'s retail pharmacy business may be widely recognized, but it represents just a small portion of its broader business. The company also runs a top-tier pharmacy benefits management division and owns Aetna, a major player in the health insurance space. Although CVS Health Corporation (NYSE:CVS)'s stock took a significant hit last year, it has rebounded this year. The stock has surged by over 43% since the start of 2025. The company also reported strong earnings in the first quarter of 2025, with revenues coming in at $94.6 billion. The revenue showed a 7% growth from the same period last year and also beat analysts' estimates by $1.22 billion. CVS Health Corporation (NYSE:CVS) also posted a solid cash position with an operating cash flow of $4.6 billion. The company increased its operating cash flow forecast from around $6.5 billion to roughly $7.0 billion. This cash position has enabled the company to pay uninterrupted dividends to shareholders since 1997. Currently, it offers a quarterly dividend of $0.665 per share and has a dividend yield of 4.20%, as of July 17. While we acknowledge the potential of CVS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CBS News
3 days ago
- Health
- CBS News
Luigi Mangione's attorneys accuse prosecutors of illegally obtaining his medical records
Attorneys for Luigi Mangione, the man accused of killing United HealthCare CEO Brian Thompson, say Manhattan prosecutors wrongfully obtained his medical records. Mangione's attorneys claim the Manhattan DA's office improperly compelled Aetna to turn over confidential information in violation of health privacy laws. "The District Attorney falsely made up a court date-May 23, 2025-and drafted a fraudulent subpoena that if Aetna did not provide documents on that date, it would be in contempt of Court," Mangione's attorney Karen Agnifilo wrote in a letter to the judge. "Because the District Attorney has taken possession of, and at least partially reviewed, Luigi Mangione's confidential doctor-patient privileged and HIPAA protected medical records, and further because the District Attorney misused the subpoena process to obtain these protected records, this Court should impose an appropriate sanction after conducting a full evidentiary hearing to uncover the extent and nature of the significant privilege and HIPAA violation intentionally caused by the prosecutors." Sources in the Manhattan DA's office say it requested limited information, but Aetna sent them additional materials in error, and that they deleted the materials as soon as they became aware of them. Agnifilo requested a hearing on the matter, and that, depending on the findings of the hearing, the judge consider "a range of appropriate sanctions, to include dismissal of the charges." It's not the first time Mangione's defense team has sought for charges to be dismissed. Back in May, Agnifilo alleged evidence in the case was illegally obtained, that the terror charges against Mangione didn't apply, and that concurrent state and federal charges violate the double jeopardy clause. Mangione has pleaded not guilty to murder and terror charges in Thompson's killing. He's due back in court in September.
Yahoo
4 days ago
- Health
- Yahoo
Luigi Mangione has an issue with another health insurance company — and it's not UnitedHealthcare
Lawyers for Luigi Mangione say NY prosecutors issued an 'unlawful' subpoena to his former insurer. The subpoena sought the time period of his Aetna coverage and his HIPAA-protected account number. But Aetna sent prosecutors 120 pages of confidential medical records by mistake, his lawyers allege. Lawyers for the accused United Healthcare CEO killer, Luigi Mangione, are up in arms over what they say were "secret" communications between his New York prosecutors and Aetna, his former health insurer. They say prosecutors sent Aetna an "unlawful," back-channel subpoena seeking his confidential insurance account number and the time period for his coverage — and that in response, Aetna mistakenly sent prosecutors Mangione's entire, 120-page insurance record. This "trove of protected medical information" includes "different diagnoses as well as specific medical complaints made by Mr. Mangione," his lawyers complained in a court filing Thursday night. New York prosecutors should never have had access to these private records, his lawyers contend. And they should never have looked at them once receiving them, they also argue. Aetna emailed the records to the Manhattan District Attorney's Office on June 12, in four files, with a cover letter advising "confidential." Each file was separately labeled "in large-type bold letters 'Request for Protected Health Information," the lawyers wrote. "It would be impossible for anyone to view a single page of these records and not immediately see that they were private, confidential medical records within the scope of HIPAA," the federal Health Insurance Portability and Accountability Act, the lawyers wrote. The sheer volume of Aetna's response should have alerted prosecutors that "the unlawful subpoena they served on Aetna resulted in far more material than they requested," the lawyers wrote. But instead of immediately sending the materials to the judge and the defense — where they should have been directly sent, as required by law — the DA's office says it downloaded them into an internal "discovery file," the lawyers wrote. The lawyers say prosecutors "sat on this information" for 12 days, until June 24, when they sent the judge and defense team an email forwarding the four files. Prosecutors have told Mangione's lawyers that in the interim, they had reviewed the records, but not "in their entirety," according to the defense filing. The defense filing, signed by defense lawyers Karen Friedman Agnifilo, Marc Agnifilo, and Jacob Kaplan, asks New York Supreme Court Justice Gregory Carro to order prosecutors to turn over all of their communications with Aetna. It also asks the judge to hold "a full evidentiary hearing," with sworn testimony, to determine possible remedies, including the recusal of lead prosecutor Joel Seidemann, the suppression of evidence, and the dismissal of Mangione's indictment. The subpoena, issued directly to Aetna and signed by Seidemann, bypassed the judge and defense team and should never have requested even the limited, HIPAA-protected information of Mangione's account number and period of coverage, his lawyers argue. "If they're seeking information that is privileged, like medical records, the DA can't just subpoena that stuff directly," veteran homicide public defender Sam Roberts told Business Insider on Friday. Prosecutors must first file a motion or application to the judge and defense team, alerting them to the subpoena, and then wait for the judge to review the subpoenaed materials privately, said Roberts, a senior staff attorney on the homicide defense task force of the Legal Aid Society. "It sounds like they jumped the gun here," Roberts said. "They got this information without first giving notice to the defense, and they got the information directly from Aetna when they should have sent it to the court first without opening it." Mangione's lawyers allege in their filing that the May 14 subpoena initially commanded Aetna to send someone to appear in court on May 23 with "the account number and period of time during which the following individual received coverage: Luigi Mangione." The subpoena was not made public or viewed by BI. May 23 was "a completely made-up date," on which no court proceeding was scheduled, Mangione's lawyers wrote. Along with the subpoena, Seidemann sent a cover letter with his phone number and email, advising that "in lieu of appearing personally with the requested documents," Aetna could mail or deliver the records to the court, the lawyers wrote. Prosecutors "were plainly lying to get the materials as soon as possible," they wrote, in order to bring their case to trial first, before he could be tried by federal prosecutors. In addition to the state-level case, which alleges murder as an act of terrorism, Mangione is facing related, death-penalty-eligible murder charges in federal court. Prosecutors in central Pennsylvania say they, too, will try him for forgery and firearm charges related to his arrest there on December 9, after a five-day national manhunt. Mangione's lawyers previously complained that in April, Manhattan prosecutors improperly listened to an 11-minute attorney-client phone call, something the DA's office has denied. Both state and federal jurisdictions are vying to be first to put Mangione on trial. Had Mangione's lawyers not been bypassed, they would have objected to the Aetna subpoena, including on the grounds that "the information sought is not relevant," they wrote. A spokesperson for the DA's office told BI on Friday that they will respond to the defense allegations in court papers. "Aetna received a subpoena for certain medical records, and we provided them appropriately," said Phil Blando, executive director for communications for Aetna's parent company, CVS Health. Asked if the district attorney subpoena requested details beyond Mangione's account number and coverage period, Blando told BI in an email, "You have our statement." Mangione, a 27-year-old software developer, remains in a federal jail in Brooklyn in the December 4 murder of Thompson. The 50-year-old father of two from Minnesota was shot in the back at close range outside a Midtown hotel where he was about to address the UnitedHealthcare shareholders meeting. Mangione is linked to the killing by his so-called "manifesto" and by DNA, ballistics, video, and fingerprint evidence, according to state and federal prosecutors. He is next due in state court on September 16, and in federal court on December 5; both courts are in Manhattan. Read the original article on Business Insider Solve the daily Crossword
Business Insider
4 days ago
- Health
- Business Insider
Luigi Mangione has an issue with another health insurance company — and it's not UnitedHealthcare
Lawyers for the accused United Healthcare CEO killer, Luigi Mangione, are up in arms over what they say were "secret" communications between his New York prosecutors and Aetna, his former health insurer. They say prosecutors sent Aetna an "unlawful," back-channel subpoena seeking his confidential insurance account number and the time period for his coverage — and that in response, Aetna mistakenly sent prosecutors Mangione's entire, 120-page insurance record. This "trove of protected medical information" includes "different diagnoses as well as specific medical complaints made by Mr. Mangione," his lawyers complained in a court filing Thursday night. New York prosecutors should never have had access to these private records, his lawyers contend. And they should never have looked at them once receiving them, they also argue. Aetna emailed the records to the Manhattan District Attorney's Office on June 12, in four files, with a cover letter advising "confidential." Each file was separately labeled "in large-type bold letters 'Request for Protected Health Information," the lawyers wrote. "It would be impossible for anyone to view a single page of these records and not immediately see that they were private, confidential medical records within the scope of HIPAA," the federal Health Insurance Portability and Accountability Act, the lawyers wrote. The sheer volume of Aetna's response should have alerted prosecutors that "the unlawful subpoena they served on Aetna resulted in far more material than they requested," the lawyers wrote. But instead of immediately sending the materials to the judge and the defense — where they should have been directly sent, as required by law — the DA's office says it downloaded them into an internal "discovery file," the lawyers wrote. The lawyers say prosecutors "sat on this information" for 12 days, until June 24, when they sent the judge and defense team an email forwarding the four files. Prosecutors have told Mangione's lawyers that in the interim, they had reviewed the records, but not "in their entirety," according to the defense filing. The defense filing, signed by defense lawyers Karen Friedman Agnifilo, Marc Agnifilo, and Jacob Kaplan, asks New York Supreme Court Justice Gregory Carro to order prosecutors to turn over all of their communications with Aetna. It also asks the judge to hold "a full evidentiary hearing," with sworn testimony, to determine possible remedies, including the recusal of lead prosecutor Joel Seidemann, the suppression of evidence, and the dismissal of Mangione's indictment. The subpoena, issued directly to Aetna and signed by Seidemann, bypassed the judge and defense team and should never have requested even the limited, HIPAA-protected information of Mangione's account number and period of coverage, his lawyers argue. "If they're seeking information that is privileged, like medical records, the DA can't just subpoena that stuff directly," veteran homicide public defender Sam Roberts told Business Insider on Friday. Prosecutors must first file a motion or application to the judge and defense team, alerting them to the subpoena, and then wait for the judge to review the subpoenaed materials privately, said Roberts, a senior staff attorney on the homicide defense task force of the Legal Aid Society. "It sounds like they jumped the gun here," Roberts said. "They got this information without first giving notice to the defense, and they got the information directly from Aetna when they should have sent it to the court first without opening it." Mangione's lawyers allege in their filing that the May 14 subpoena initially commanded Aetna to send someone to appear in court on May 23 with "the account number and period of time during which the following individual received coverage: Luigi Mangione." The subpoena was not made public or viewed by BI. May 23 was "a completely made-up date," on which no court proceeding was scheduled, Mangione's lawyers wrote. Along with the subpoena, Seidemann sent a cover letter with his phone number and email, advising that "in lieu of appearing personally with the requested documents," Aetna could mail or deliver the records to the court, the lawyers wrote. Prosecutors "were plainly lying to get the materials as soon as possible," they wrote, in order to bring their case to trial first, before he could be tried by federal prosecutors. In addition to the state-level case, which alleges murder as an act of terrorism, Mangione is facing related, death-penalty-eligible murder charges in federal court. Prosecutors in central Pennsylvania say they, too, will try him for forgery and firearm charges related to his arrest there on December 9, after a five-day national manhunt. Mangione's lawyers previously complained that in April, Manhattan prosecutors improperly listened to an 11-minute attorney-client phone call, something the DA's office has denied. Both state and federal jurisdictions are vying to be first to put Mangione on trial. Had Mangione's lawyers not been bypassed, they would have objected to the Aetna subpoena, including on the grounds that "the information sought is not relevant," they wrote. A spokesperson for the DA's office told BI on Friday that they will respond to the defense allegations in court papers. "Aetna received a subpoena for certain medical records, and we provided them appropriately," said Phil Blando, executive director for communications for Aetna's parent company, CVS Health. Asked if the district attorney subpoena requested details beyond Mangione's account number and coverage period, Blando told BI in an email, "You have our statement." Mangione, a 27-year-old software developer, remains in a federal jail in Brooklyn in the December 4 murder of Thompson. The 50-year-old father of two from Minnesota was shot in the back at close range outside a Midtown hotel where he was about to address the UnitedHealthcare shareholders meeting. Mangione is linked to the killing by his so-called "manifesto" and by DNA, ballistics, video, and fingerprint evidence, according to state and federal prosecutors. He is next due in state court on September 16, and in federal court on December 5; both courts are in Manhattan.
UPI
4 days ago
- Health
- UPI
Luigi Mangione lawyers: DA office improperly obtained medical records
Luigi Mangione appears in Manhattan Supreme Court on February 21 for a hearing on murder charges in the death of UnitedHealthcare CEO Brian Thompson. File Pool Photo by Steven Hirsch/UPI | License Photo July 18 (UPI) -- Luigi Mangione's attorneys allege Manhattan prosecutors wrongly obtained the medical records from the insurance carrier of the suspect in the shooting death of the UnitedHealthcare CEO in December. In a court filing Thursday in the New York case, the defense said prosecutors violated HIPAA, which is the federal law that protects medical privacy, when Aetna was pressured to hand them over without a court order or Mangione's consent. "There is no question that the District Attorney has no right to possess or review these documents," the filing said. "The violation also involves the intentional and knowing violation of his doctor-patient privilege." The prosecutors used a "false and fraudulent" subpoena, warning they would be held in contempt if they didn't give them the records, the defense said. Obtained were 120 pages of information, including "different diagnoses as well as specific medical complaints made by Mr. Mangione," the lawyers said. They said the office "falsely made up a court date -- May 23 -- and bypassed the court. The information wasn't relevant to the court, they said. Magione's lawyers want Supreme Court Judge Gregory Carro to schedule an evidentiary hearing, including possibly throwing out the charges. The Manhattan District Attorney's Office told FOX News and CNN that limited information was requested the insurer erroneously sent some additional records. "We deleted the materials as soon as we became aware of them and brought it to defense and the court's attention," the office said. Aetna told CNN that the insurer "received a subpoena for certain medical records, and we provided them appropriately." Mangione, who turned 27 on May 6, is facing charges in state and federal court in the death on Dec. 4 of Brian Thompson outside the Hilton Hotels in Midtown Manhattan before the company's annual investor conference there. He was apprehended three days later at a McDonald's restaurant in Altoona. Pa. Mangione wasn't covered by UnitedHealthcare. The federal government is seeking the death penalty but in New York there is no capital punishment since it was outlawed in 2004. The state case is proceeding ahead of the federal one. The state charges are first-degree murder in furtherance of terrorism, two counts of second-degree murder, weapons charges and using a forged instrument. The federal charges are murder through the use of a firearm, interstate stalking resulting in death and a firearms offense. Also in Pennsylvania, he has been charged with forgery, carrying a firearm without a license, tampering with records or identification, giving false ID to law enforcement and possessing "instruments of crime? He has pleaded not guilty to all charges. Mangione is a federal inmate at the Metropolitan Detention Center in Brooklyn, N.Y., without bond. Last month, his attorneys wanted the judge to allow him to attend court proceedings without wearing handcuffs or body armor. His next appearance is scheduled for Sept. 16. Four months before the shooting on Aug.15, Mangione wrote in his diary: "I finally feel confident about what I will do. "The target is insurance. It checks every box." Magione suffered from back pain and underwent surgery to treat it, according to a friend, R.J., Martin and online postings. The court filing didn't disclose whether the medical records related to his back problems.
