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CareMore

Latest Headlines

Latest Headlines

WellPoint could make $100B covering dual eligibles

WellPoint said it stands to make $100 billion by providing insurance for the dual-eligible market, which consists of certain Medicare and Medicaid enrollees who are eligible for both government

WellPoint profits drop 8% as enrollment falls, expenses rise

WellPoint's first-quarter profit fell almost 8 percent amid dropping enrollment and rising expenses. The insurer reported a net income of $856.5 million, or $2.53 per share, a 7.6 percent decrease

Can insurers survive in an ACO-driven market?

Health insurance companies will be extinct in the next eight years and replaced by accountable care organizations (ACOs) throughout the industry, said a former White House advisor. ACOs render

Cigna shells out $3.8B to buy Medicare Advantage plan

Among all the acquisitions insurers are making to grow their Medicare business, Cigna has taken the biggest single move yet by spending $3.8 billion to purchase Medicare-based insurer HealthSpring.

Changing enrollment linked to WellPoint profit drop, Aetna revenue dip

WellPoint's ( NYSE: WLP ) second quarter profit fell 3 percent, primarily because of higher-than-expected medical costs for Northern California seniors enrolled in Medicare Advantage plans, according

WellPoint buying CareMore to better compete in senior market

In an attempt to better compete within the senior healthcare market, WellPoint ( NYSE: WLP ) is purchasing Medicare specialist CareMore Health Group for $800 million, making the insurer a significant