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Stock Market & Financial Investment News

News Breaks
March 5, 2013
08:32 EDTWCGWellCare approved to expand its NY managed long-term care services
WellCare Health Plans announced that the New York State Department of Health has approved WellCare of New York, Inc.'s expansion of its Advocate Medicaid Managed Long-Term Care, or MLTC, health plan. The expansion adds four new counties to the company's MLTC service area: Nassau, Richmond, Suffolk and Westchester counties.
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July 10, 2014
07:11 EDTWCGAetna, WellPoint top large-cap Managed Care picks at Jefferies
Jefferies calls Aetna (AET) and WellPoint (WLP) its favorite large-cap picks in the Managed Care space, with Health Net (HNT) its favored name in the small to mid-cap space. The firm believes the market is already expecting strong Q2 results from the sector, and it downgraded UnitedHealth (UNH) to Hold from Buy on valuation and below-peer earnings growth. Jefferies has Buy ratings on Aetna, Health Net, Molina Healthcare (MOH) and WellPoint.
06:23 EDTWCGHealth insurers moving away from fee for service model, NY Times reports
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