Wellpoint Health Networks News

ST. LOUIS An acquisition of a health benefits company's subsidiaries by a pharmacy benefit manager will integrate services for members of affiliated health plans.

St. Louis-based Express Scripts Inc. has completed its $4.7 billion acquisition of WellPoint Inc.'s pharmacy benefits management business, the company said Tuesday.

With all the volatility in the markets today, there's no shortage of market seers attempting to call a bottom.

Sabrient's SectorCast ETF rankings solidified its defensive bent this week. Healthcare continues to lead, but Consumer Staples moved ahead of InfoTech into the second spot.

The White House released more than 1,600 visitor records today, and after a little searching, it's easy to find the most prominent names in insurance and pharma as well as in health care reform.

The heads of health insurance and pharmaceutical trade groups were among those visiting the White House as President Barack Obama pushed Congress to overhaul health care, White House records show.

An analyst for JPMorgan upgraded shares of WellPoint Inc. and Cigna Corp. Monday, saying the stocks should trade higher as the details of a federal health care reform bill come into focus.

We are seeing only slight movement to Sabrient's Sector Detector ETF rankings, as Healthcare, InfoTech, and Consumer Staples continue to lead, while Materials sinks further into the cellar and remains the fundamentally most overvalued sector.

While the market has staged a nice comeback since the spring and the economy seems to be slowly righting itself, things are still rough out there.

Layoffs are occurring at Anthem Blue Cross Dental and Vision in Camarillo, but the company is not saying how many people have lost their jobs.

Health insurer Aetna said Wednesday it will cut 625 jobs immediately, or nearly 2 percent of its staff, and will make a similar number of cuts by the end of the 2010 first quarter due to the lagging economy and the potential impact of health care reform.

Healthcare provider UniCare will effectively no longer be providing healthcare coverage to commercial groups and individuals in Illinois and Texas as of the end of the year.

Berkshire Hathaway has released a new 13-F filing Monday which reveals the composition of the company's equity portfolio as of September 30, 2009.

Arcadia Resources Inc. saw its losses mount in its most recent quarter as revenue from its medical staffing service declined more than its pharmacy business grew.

William L. Jews was fired without cause by CareFirst Inc. in November 2006 after 13 years with the company.

It is time for the people of Indiana to retire Evan Bayh as senator. He has consistently championed causes not in the interest of the good people of our state but for the industries, including health insurance giant WellPoint, that continually enrich him personally and professionally.

I attempted to deliver a letter on Nov. 4 from health care activists to WellPoint, Inc., a for-profit health insurance company.

Eastman Kodak Co. has said ''sayonara'' to about 22,000 workers over the last five years.

After the U.S. House of Representatives narrowly passed a sweeping health care overhaul, leaders of Indiana's two largest health care entities turned their hopes to the U.S. Senate to give them a bill more to their liking.

Nov. 10 - Insurers and drugmakers say they are confident senators will present a sharply different approach to health care.