WellPoint raised its 2014 earnings forecast again and trumped third-quarter expectations as the overhaul of the health care system adds millions to the nation's health insurance rolls, and at a lower cost than was expected at the nation's second largest health insurer.
Healthcare
Business Health and Medical News
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A Canadian company said it is willing to significantly increase its offer for Botox maker Allergan Inc., the latest chapter in the attempted takeover of the Irvine company.
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Obamacare
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While much of the nation is preoccupied with Obamacare and picking new health insurance at work, older Americans have deadlines of their own coming up — involving Medicare.
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More Healthcare News
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Employees of a network of Catholic hospitals in California filed a lawsuit that could complicate a planned sale of the hospitals to Prime Healthcare Services Inc.
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California insurers have pumped more than $12 million over the last five days into a campaign to defeat Proposition 45, an initiative on the Nov. 4 ballot that would regulate health insurance rates.
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Kaiser Permanente was the only HMO to earn a top four-star rating for providing recommended care, according to California's latest report card on insurers and medical groups.
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Escalating its battle with organized labor, Prime Healthcare Services Inc. reached a deal to acquire six nonprofit Catholic hospitals in California, including St. Vincent and St. Francis medical centers in Los Angeles County.
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Prime Healthcare Services Inc. has reached a deal to acquire six California hospitals, including St. Vincent and St. Francis medical centers in Los Angeles County, despite strong opposition from organized labor and many politicians statewide.
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Shares of Chimerix Inc., the maker of an experimental drug to combat Ebola, sank Wednesday after the death in Dallas of a patient with the disease who received the medicine.
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SACRAMENTO — Few jobs at the state Capitol have more effect on citizen pocketbook issues than California's elected insurance commissioner.
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When Amanda Lean decided to leave her full-time job to work as a private political consultant, she had a decision to make: continue with the insurance she had through her previous job — or shop for a plan on her own.
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When Internet stock analysts at brokerage Morgan Stanley wrote their 2001 investment outlook in December 2000, they laid out glowing assessments of the future for Yahoo Inc. and rival America Online.
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Salix Pharmaceuticals called off its merger with a foreign drug maker Friday, citing the political backlash against tax inversion deals.
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