Browse > Home / Archive by category 'Health Insurance'

Can Premium Price Hikes Help WellPoint Inc.’s Bottom Line?

April 24, 2008

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

On Wednesday WellPoint, Inc. recorded a 25 perecnt drop in quarterly profit. However,their shares lifted a bit with hopes that the health insurer will be able to contain and fix the problems that have plagued it in the past. The lift in share prices is encouraging for others in the industry indicating that this may not be a broad downturn. One would think that this indicates that the issues may be company specific and not an indicator of broad downturn. This is encouraging to most analysts. Other companies that enjoyed a lift in share price were: Aetna Inc climbed 5.2 percent, Cigna Corp bounced up 8 percent, and Coventry Health Care jumped 3.8 percent

Read more about WellPoint, Inc. at: WellPoint Financial Summary by Yahoo Finance

Written by healthyinsight · Filed Under Health Insurance 

The Northeast United States Seen as the Most Healthcare Used

October 18, 2007

Healthcare Plans - Health Insurance
 
Reports maid available today stated that the great Northeastern United States spends the most money in healthcare. This is not a surprise to many, and the economical status of those that live in the Northeast are often higher and better paying than those jobs that are in other parts of the US. On average the normal amount that was used on healthcare in the Northeast was a little over $6,400 a year per person. Insurance, healthcare, prescriptions, and Medicaid and Medicare were all factors of the figures that were provided.
 
Oddly enough the states that had the highest amounts of money funded for the Medicaid funds, such as Massachusetts, was also one of the states that had some of the highest spending in healthcare. The collaboration of the such said states were new to the results of healthcare spending, and the trend is only expected to climb. 

Written by healthyinsight · Filed Under Featured Stories, Health Insurance, Health Regulation