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WellPoint news and information

Magazine
Insurers lower cost-sharing for preventive drugs | Aetna, WellPoint, Humana cut patients' costs to improve compliance, outcomes
By Steven Ross Johnson | October 12, 2013 | Print Magazine Print Magazine Subscription Details
Some major health insurers have reduced patient cost-sharing for preventive drugs out of a growing realization that lowering cost-sharing improves compliance and cuts the total cost of care.
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News
On Day 1 of open enrollment, insurance stocks jump
By Beth Kutscher | October 01, 2013 | Basic Web Basic Web Subscription Details
As insurance exchanges opened Tuesday, health insurance company stock prices reflected optimism about the impact of the healthcare reform law's extension of coverage to millions of uninsured.
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Magazine
Consulting on costs, quality | Physicians, other providers enlisted to help steer patients toward savings
By Rich Daly | August 31, 2013 | Print Magazine Print Magazine Subscription Details
To increase consumer use of cost and quality comparison tools, payers increasingly are turning to physicians and other providers, who long have resisted public release of comparative data.
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Magazine
2nd-quarter surge | Insurers see profits swell, prospects good for 2014
By Jonathan Block | August 03, 2013 | Print Magazine Print Magazine Subscription Details
Whether it's the lingering aftershock of the Great Recession, stepped-up efforts at cost control by providers or a combination of the two, slow-growing medical claims led to surging profits for big commercial health insurers in the second quarter.
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Information
Health insurer Aetna's 2Q profit rises 17%
By Tom Murphy / Associated Press | July 30, 2013
Aetna Inc.'s second-quarter earnings jumped 17%, and the health insurer raised its 2013 forecast as it reaped revenue and enrollment gains from its acquisition of fellow insurer Coventry Health Care.
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News
Reform Update: Federal exchanges also likely to see lower rates
By Jonathan Block | July 25, 2013 | Basic Web Basic Web Subscription Details
President Barack Obama last week touted an HHS report that found 2014 premiums for individual-market health plans in state-run insurance exchanges will be lower than those for comparable, currently available plans. But that HHS report didn't address rates in the federally run exchanges in 34...
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Information
Meet the CEO with most at stake in health law
By Wall Street Journal | July 25, 2013
When Joseph R. Swedish was deciding whether to become CEO of WellPoint, he and his wife sat down to list reasons why he should go to the troubled insurer rather than continue leading Trinity Health.
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Information
WellPoint's 2Q profit soars 24%
By Tom Murphy / Associated Press | July 24, 2013
Shares of WellPoint Inc. hit an all-time high Wednesday, after the nation's second-largest health insurer trounced second-quarter earnings expectations and detailed how it expects to benefit from the health care overhaul and other growth opportunities over the next few years.
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News
Reform Update: States scramble to submit application for Medicaid expansion following late CMS rule
By Rich Daly | July 16, 2013 | Basic Web Basic Web Subscription Details
A CMS rule issued in early July has set off a scramble among state officials to finalize and submit an application needed to implement their Medicaid expansions allowed by the healthcare reform law. The delay in the rule may push states hard up against the Oct. 1 start of the Medicaid enrollment...
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News
By now, privacy is a myth
July 16, 2013 | Basic Web Basic Web Subscription Details
Regarding “WellPoint to pay $1.7 million HIPAA penalty”: WellPoint is just the tip of the iceberg. Since all of our personal phone messages, e-mails and Internet correspondence have been tapped into by the National Security Agency, why would we even be concerned about our medical...
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