WellPoint's 2Q Profits Jump 24% & Stock At All-Time High Due To Excessive Rate Hikes, says Consumer Watchdog

July 2013
Insurance Broadcasting;7/26/2013, p1
Trade Publication
The article presents information on WellPoint Inc., a health insurance company, which has announced a profit of 24 percent in the second quarter of 2013 comparing it to 2012. It informs that the insurer continues to grow in profits as the growth of health care costs remains at record-low levels in the U.S. It further informs that the he company is forcing double-digit premium increases on consumers and small businesses.


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