WellPoint news from FierceHealthFinance
News
Insurer M&A activity likely to grow this year
Once health reform is dealt a final "yeah" or "nay", merger-and-acquisition activity among the nation's health insurers is likely to pick up steam. That means deal making should be "a little more... Read more...
Membership drains plague top U.S. health plans
Health insurers still cannot escape the impact of the recession and high unemployment. Major U.S. health plans endured continuing membership losses through calendar third-quarter 2009 (3Q09), and... Read more...
WellPoint (WLP) Q3 Results - Q3 Top Health Insurance Company Earnings Report
View WellPoint's (WLP) Q3 Earnings Report Highlights:
WellPoint had revenues of $15.4 billion in the third quarter of this year, an increase from last year's $14.9 billion in third-quarter... Read more...
Economist: Marketing, admin represent biggest opportunities for health plans to cut costs
As health plans get the back of many legislators hands--sometimes being characterized as "the bad guys" of the entire health system--few critics stop and analyze just where the plans' money is going.... Read more...
SPOTLIGHT: WellPoint says advances in medical tech drives costs
A new report from WellPoint's Institute of Healthcare Knowledge suggests that advances in medical technology could be the main driver of increasing healthcare costs--not health plan profits. (Wonder... Read more...
Trend: Insurers, banks creating more HSAs as industry grows
The money coming from the "health/wealth" market is expected to increase over the coming years: Some experts predict the market could reach $40 billion in the next five years. That's not surprising,... Read more...
If health plan profits keep falling, selloffs may begin
Health plan profits are falling, and given the trends in the U.S. economy and healthcare costs generally, this trend is likely to linger for a while. And if falling profits remain a fact of life for... Read more...
NJ Blue change to for-profit could prompt wave of followers
Right now, executives with Horizon Blue Cross Blue Shield of New Jersey are nervously waiting to find out whether the state attorney general and insurance commissioner will let it convert itself from... Read more...
WellPoint pushes stock prices up, but not profits, by raising premiums
Five months ago, Angela Braly, the CEO of health plan giant WellPoint, told investors that the plan could turn around falling profits by Read more...
WellPoint loses money for Q2, but still pleases investors
Giant health plan WellPoint had what most financial types would consider a tough second quarter, with earnings falling 10 percent and its overall profit predictions for 2008 falling. Still, given... Read more...
