CVS HEALTH CORPORATION - CVS STOCK NEWS

CVS Health has reported significant progress in its goal to reduce suicide attempts among Aetna members by 20% by 2025, achieving a 15.7% reduction as of March 2022 compared to 2019 baselines. For adults aged 18+, there was a 34.1% decrease in attempts, while the rate among adolescents (ages 13-17) unfortunately rose by 32%. CVS attributes this progress to various initiatives, including its Adolescent Outreach Program and partnerships aimed at providing necessary mental health resources.

CVS Health has declared a quarterly dividend of $0.55 per share on its Common Stock. This dividend is scheduled for payment on November 1, 2022, with record holders identified as of October 21, 2022. This announcement underscores CVS Health's commitment to returning value to its shareholders while maintaining its role as a leading health solutions company.

CVS Health has installed time delay safe technology in all 213 CVS Pharmacy locations across Louisiana, Mississippi, and Arkansas to combat organized retail crime. This initiative, part of CVS's partnership with law enforcement, is expected to lower pharmacy robberies and improve safety for customers and staff. Historical data shows that pharmacies using this technology have seen a 50% reduction in robberies. The time delay function acts as a deterrent, making it harder for robbers to access controlled substances quickly.

CVS Health has appointed Jeffrey R. Balser, M.D., Ph.D., to its Board of Directors as of September 13, 2022. Dr. Balser, who has been the President and CEO of Vanderbilt University Medical Center since 2009, brings extensive experience in health care to the board. His appointment is expected to strengthen CVS Health’s strategy to enhance consumer health services. The leadership change comes at a pivotal time for the company as it aims to redefine health care delivery.

Aetna, a CVS Health company, is expanding its individual and family health insurance plans in Missouri to enhance care accessibility for over half a million uninsured residents. The hybrid-branded plans will provide affordable healthcare options through CVS Pharmacy and MinuteClinic locations. Aetna's comprehensive network includes virtual and walk-in care, pediatric services, mental health support, and preventive services. The new offerings target select counties, including Barry and Cass, with final approvals pending. This initiative aims to meet diverse healthcare needs and improve access for Missourians.

Aetna CVS Health is launching individual health insurance plans in Delaware, aimed at providing affordable care options through Aetna's network and CVS Pharmacy locations. These ACA exchange products feature access to primary care doctors, mental health providers, and specialists, with $0 virtual care and walk-in visits at MinuteClinic locations. The initiative addresses the gap in coverage for uninsured and underinsured individuals, emphasizing comprehensive services including pediatric care, emergency services, and mental health support. Final approval for the plans is pending state and federal certifications.

Aetna CVS Health is expanding its hybrid-branded individual and family health insurance plans in Florida to enhance access to healthcare. This initiative aims to provide affordable coverage with Aetna's extensive network of providers, including telehealth options and walk-in clinics like MinuteClinic. The plans are designed to bridge gaps in healthcare coverage for uninsured and underinsured individuals. Key features include $0 virtual care, 24/7 access, and comprehensive services ranging from pediatric care to mental health support. The offering will be available in select Florida counties, pending state and federal approvals.

Aetna CVS Health has launched individual and family plans in select counties of Georgia, aiming to provide quality health insurance coverage at affordable prices. These plans allow members access to Aetna's extensive network of doctors, specialists, and hospitals, as well as virtual care options and walk-in clinics like MinuteClinic. Offered under the ACA exchange, the plans cover essential health services including pediatric care, maternity services, and mental health support. This initiative addresses the needs of uninsured or underinsured individuals in the region.

Aetna CVS Health is expanding its reach by entering the individual insurance exchange market in Illinois with its co-branded Aetna CVS Health plans, effective January 1, 2023. This initiative aims to enhance access to affordable healthcare for more residents, focusing on areas such as Cook, Lake, and McHenry counties. The plans emphasize quality care through Aetna's extensive network, offering $0 virtual and walk-in clinic visits, and addressing various healthcare services, including pediatric and mental health services.