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Stock Market & Financial Investment News

News Breaks
November 12, 2012
08:35 EDTWCGWellCare completes acquisition of Easy Choice Health Plan in California
WellCare Health Plans announced that it has completed the acquisition of Easy Choice Health Plan. On Sept. 6, WellCare stated that it had entered into an agreement to acquire the plan. As of November 2012, Easy Choice serves approximately 36,000 Medicare Advantage plan members in Los Angeles, Orange, Riverside, and San Bernardino Counties in Southern California. In addition, Easy Choice will increase its 2013 service area to 11 California counties, including the San Diego area, as well as five counties in northern California. Easy Choice Medicare Advantage plan members will experience no change in their plan benefits and coverage in 2012, and are being notified of 2013 benefits and coverage in conjunction with the Medicare Annual Election Period, which ends Dec. 7.
News For WCG From The Last 14 Days
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June 25, 2015
11:06 EDTWCGHospitals, insurers climb after Supreme Court rules on ACA subsidies
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10:11 EDTWCGACA tax subsidies upheld by Supreme Court
The decision of the Fourth Circuit was affirmed in King v. Burwell by a vote of 6 to 3, according to multiple media reports. The Supreme Court upholding the lower court ruling means that individuals who get health insurance through an exchange established by the federal government will be eligible for tax subsidies in all 50 states. Publicly traded companies in the health insurance space include Aetna (AET), Anthem (ANTM), Centene (CNC), Cigna (CI), Health Net (HNT), Humana (HUM), Molina Healthcare (MOH), UnitedHealth (UNH) and WellCare (WCG). Publicly traded companies in the hospital space include Community Health (CYH), HCA Holdings (HCA), LifePoint (LPNT), Tenet (THC) and Universal Health (UHS).
June 22, 2015
06:37 EDTWCGHealth insurers may change policies based on King v. Burwell ruling, NYT says
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June 19, 2015
10:09 EDTWCGFly Watch: Supreme Court may release key ACA decision soon
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