Los Angeles Business Journal

WellPoint Profit Jumps 38 Percent

Wednesday, January 23, 2013

Anthem Blue Cross parent WellPoint Inc. said that its fourth-quarter earnings jumped 38 percent compared to a year earier, when it took a big hit from its Medicare Advantage business, the Associated Press reports. But the nation's second largest health insurer expects to make less this year resulting from the health care overhaul.