Posts Tagged ‘medical costs’
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 [...]
