WellPoint Is Awarded Medicare-Medicaid Contract
MarketWatch: WellPoint Gets $273M Medicare-Medicaid Contract
WellPoint Inc.'s national-government services business, was awarded a Medicare administrative contract by the Centers for Medicare & Medicaid Services potentially valued at $273 million over five years. The managed care provider and its rivals have been diversifying their businesses into areas beyond employer-sponsored health insurance and increasing their presence in plans that cover senior citizens in the wake of U.S. health-policy changes (Stynes, 10/6).