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 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 …
In a deal expected to shake up the competitive health-care landscape across the country, managed-care giant Anthem Inc. agreed to acquire larger rival WellPoint Health Networks Inc. for more than $15 billion in stock and cash. The deal will …
November 15, 2017 Virginia parents of 4-year-old with cancer can’t buy ACA plan to cover her hospital care November 12, 2017 Six ways Amazon could reshape America’s pharmacy business model The insurer also changed its corporate …
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.
It also finds that last year, Susan Bayh sat on four other corporate boards, in addition to WellPoint’s. She received over $656,0000 in cash and stock for all her board work, around half of which came from WellPoint.As the site puts it: …
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Last year, the company took an unexpected earnings hit tied to problems with a California Medicare plan. Additionally, WellPoint’s stock has lagged behind rival UnitedHealth Group. Braly served as WellPoint CEO since 2007.
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 …
“We do feel good about what we’ve seen thus far on the exchanges,” WellPoint CEO Joseph Swedish told stock analysts on a conference call to report 2013 financial results. “While it is early, we are encouraged by the level of applications …
WellPoint shares were up 8.6 percent at $43.81 on the New York Stock Exchange on Monday afternoon, while Express Scripts shares were up about 12.6 percent at $55.35 on the Nasdaq. NextRx provides pharmacy benefits management …