WellPoint last week agreed to pay $5 million to settle a suit filed by 70,000 policyholders who were eligible but did not accept shares of Cerulean in 1996, when Blue Cross converted to a for-profit company. The original suit demanded new …
WellPoint’s stock rose almost 2 percent, or $1.53, to $85.83 in midday trading Wednesday while broader trading indexes fell slightly. The insurer’s stock price soared about 52 percent last year and set several new, all-time high marks before …
Wellpoint Inc. (NYSE: WLP) trades at an incredibly low 10.3 times earnings and is a Buy-rated stock at Jefferies. The company has started diversifying more heavily into consumer-oriented and health information technology businesses in …
WellPoint added 121,000 Medicaid enrollees during the quarter, but saw its Medicare rolls decrease by 62,000. Wall Street reacted positively to the report, with WellPoint's stock up more than 5% in early trading Wednesday.
... quotes/zigman/362231 /quotes/nls/wlp WLP outlines what the former CEO made during her last year heading the Indianapolis-based company. Braly’s compensation package was boosted mostly by a jump in stock option awards …
After naming Braly instead, WellPoint gave Colby the additional title of vice chairman and more stock options, a move widely believed to be incentive to stay. Braly, a lawyer with dealmaking experience and public-policy savvy but a relative …
The Anthem-WellPoint deal combines two major providers of Blue Cross and Blue Shield plans, some of the most popular health plans across the country. The Blue Cross and Blue Shield plans are organized on a state-by-state basis, and …
INDIANAPOLIS -- Health insurer WellPoint Inc. is buying managed care provider Amerigroup Corp. for about $4.46 billion in cash ... while WellPoint's stock gained $1.29, or 2.2 percent, to $61.20. The companies put the total value of …
WellPoint Inc., the nation's largest health insurer, announced an agreement to buy WellChoice Inc., better known as Empire Blue Cross Blue Shield, for about $6.5 billion in cash and stock. Manhattan-based WellChoice, New York's …
In the biggest deal ever in managed care, Indiana-based Anthem Inc. plans to acquire California-based WellPoint Health Networks Inc., which would create the nation's largest health insurer. The cash-and-stock acquisition was valued at …