Wednesday, December 13, 2017
News: Page (1) of 1 - 10/26/11 Email this story to a friend. email article Print this page (Article printing at page facebook
Insurer WellPoint's 3Q profit falls 7.5 pct
Health insurer WellPoint's 3rd quarter profit falls 7.5 percent
By The Associated Press

INDIANAPOLIS (AP) ' WellPoint says its third-quarter earnings fell more than 7 percent even as medical enrollment and revenue grew.

The largest publicly traded health insurer based on enrollment reported net income of $683.2 million, $1.90 per share, in the three months that ended Sept. 30. That's down from $739.1 million, or $1.74 per share, a year earlier.

Total operating revenue rose almost 6 percent to $15.2 billion.

Analysts polled by FactSet forecast earnings of $1.68 per share on $15.22 billion in revenue.

WellPoint says enrollment climbed more than 2 percent to 34.4 million members.

The Indianapolis company operates Blue Cross Blue Shield plans in 14 states, including California, New York and Ohio.

Page: 1


Our Privacy Policy --- About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines