Posts Tagged ‘California health plans’
Individual Rates to Soar in California
Subscribe to Insurance Insider News by Leila Morris IN CALIFORNIA • Individual Rates to Soar in California HEALTHCARE • Employer Coverage Rises After Massachusetts Health Reform • Healthcare Spending Growth Expected to Remain Low • Medicare Hospital Price Data Reveals Wide Variations • Employee Nabbed for Cheating a Wellness [...]
Standards Open Exchange Doors for Qualified Health Plans
The California Health Benefit Exchange board wants insurers to participate while allowing some flexibility for health plans to alter benefit designs. But, at the same time, the exchange needs to keep a lid on the way insurers offer coverage plans. The push and pull between the health plans' need to earn money and the exchange's need to [...]
Wellpoint Profit Falls 8 Percent
WellPoint says lower enrollment and rising medical costs have hurt its bottom line. Revenue grew 4% to $15.42 billion in the quarter. The company reported net income of $856.5 million, or $2.53 a share, for the three months ended March 31, compared to net income of $926.6 million or $2.44 a share, a year ago. In recent quarters, most health [...]
