Highlights
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WellPoint posts 3% profit gain and raises full-year outlook
Insurance giant WellPoint Inc. reported a 3% increase in first-quarter profit and raised its full-year outlook as the company prepares for major changes under the federal healthcare overhaul. WellPoint, which runs Anthem Blue Cross in California and...Tags: Earnings Forecasts, Insurance, Companies and Corporations, Citigroup Incorporated, Economy, Business and Finance
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WellPoint To Buy Amerigroup For $4.5 Billion In Medicaid Play
Health insurer WellPoint Inc. will buy rival Amerigroup Corp for $4.46 billion in a major bet on the expansion of the U.S. government's Medicaid health plans for the poor. The companies announced the deal on Monday, just a week and a half after the U.S....Tags: Companies and Corporations, Judges, Government Health Care, Earnings, Health
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WellPoint CEO Resigns; Shares Rise
The Hartford CourantWellPoint Inc Chief Executive Angela Braly abruptly stepped down from her post on Tuesday following growing investor dissatisfaction with the health insurer's financial performance. WellPoint, the No. 2 U.S. health insurer, is the parent company of...Tags: Healthcare Provider, Earnings Forecasts, Companies and Corporations, Government Health Care, Health Insurance
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WellPoint's Angela Braly resigns as CEO
Angela Braly, the chief executive of WellPoint Inc., resigned late Tuesday after intense pressure from shareholders who have been unhappy with the company’s performance. WellPoint announced that John Cannon, its general counsel, would temporarily...
Tags: Insurance, Companies and Corporations, Economy, Business and Finance, Government Health Care, Corporate Officers
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FACTBOX: U.S. Healthcare Reform Drives Insurance M&As
U.S. health insurers are snapping up rivals as they look to take advantage of a major expansion in the U.S. government's health program. President Barack Obama's healthcare law, which was upheld by the U.S. Supreme Court in June, aims to extend...Tags: Aetna Inc., Express Scripts Incorporated, Cigna Corporation, Continucare Corporation, Drugs and Medicines
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WellPoint shares jump after $4.9B deal for Amerigroup
Investors gave a cheer Monday morning to WellPoint Inc.’s $4.9 billion deal to acquire a Virginia-based Medicaid managed care company. Shares of the Indianapolis-based health insurer shot up more than 5 percent in pre-market trading after WellPoint...
Tags: U.S. Supreme Court, Companies and Corporations, Insurance, Medicare, Barack Obama
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Illinois Medicaid's managed care effort stumbles
It can take years for people with cerebral palsy, autism, schizophrenia or Down syndrome to find trusted physicians to oversee their health. Now, families and advocates say, those medical relationships are being threatened as Illinois rolls out a new...Tags: Kankakee, Brookfield (Cook, Illinois), Aetna Inc., Schizophrenia, Consumers
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Senate bill gains support from local providers
Daily PressA week after the U.S. Senate passed a health-care reform bill on Christmas Eve, health-care providers and consumers are trying to figure out what the proposed reform could mean for them. Health-care providers agree reform is needed, but opinions vary...Tags: Democratic Party, Congressional Budget Office, Chiropractors, Elections, U.S. Senate
Apr 25, 2013
|Story| Los Angeles Times
Jul 9, 2012
|Story| Hartford Courant
Aug 29, 2012
|Story| Hartford Courant
Aug 28, 2012
|Story| Los Angeles Times
Aug 20, 2012
|Story| Hartford Courant
Jul 9, 2012
|Column| WXIN-LTV
Aug 26, 2011
|Story| Chicago Tribune
Nov 11, 2010
|Story| Daily Press
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