CVS did not break out separate enrollment figures for fully insured group health plans when it posted its earnings. Enrollment in self-funded employer plans that Aetna administers increased to 14.2 million, from 14.1 million.

CVS Health on Wednesday named Steve Nelson, a former UnitedHealth insurance head, to run its Aetna business, where rising medical costs in the third quarter caused the company to preannounce an earnings miss last month.

CVS Health Corp.’s new Chief Executive Officer David Joyner offered investors no guidance on the company’s expected financial performance for 2024 or 2025 in Wednesday’s earnings report, the first of his tenure.

This year has been defined by an unsuccessful fight against elevated medical costs for CVS. The third quarter was no different.

CVS Health on Wednesday named Steve Nelson, a former UnitedHealth insurance head, to run its Aetna business, where rising medical costs in the third quarter caused the company to preannounce an earnings miss last month.

CVS Health announced two key leadership appointments as it continues the push to improve its financial performance. | CVS Health announced two key leadership appointments as it continues the push to improve its financial performance.

CVS Health (CVS) stock gains as company reports better than expected Q3 2024 revenue and names former UnitedHealth (UNH) executive as head of Aetna. Read more here.

CVS announced Steve Nelson, former CEO of UnitedHealth Group Inc.’s insurance division, as president for its troubled Aetna insurance unit.