WellPoint Health Profit Up on Premiums
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WellPoint Health Networks Inc. WLP.N,  one of the biggest U.S. health insurers, on Monday posted a  steep rise in quarterly profit as it kept health premiums above  rising medical costs.
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Diversified health-care company Johnson & Johnson  on Tuesday said its quarterly profit rose on higher sales of prescription drugs and medical devices.
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Health insurer Humana Inc. posted a rise in quarterly profit on Monday as the company&#39;s Medicare business gained and it kept health premiums ahead of soaring underlying medical costs.
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Health insurer posted a rise in quarterly net profit as  increased membership boosted revenue.
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CIGNA Corp. said net income rose sharply in the third quarter, reflecting increased earnings in its health care segment and a gain from the sale of a retirement benefits business.
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UnitedHealth Group Inc. on Thursday  said quarterly profit jumped nearly 46 percent as medical costs  stabilized, and the No. 2 health insurer also boosted its 2005  forecast.
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Drug benefit manager Medco Health Solutions Inc.  on Wednesday reported a higher-than-expected quarterly profit on strong demand for mail-delivered generic medicines and raised its 2007 outlook, sending its shares to an all-time high.
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HMO premiums in New York City soared over the past year by as much as 35 percent, boosting subscribers&#39; health-care costs by hundreds â-nd sometimes thousands â -dollars, The Post has learned.
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Insurer UnitedHealth Group Inc.   said on Thursday that second-quarter profit rose,  helped by higher premium revenue and favorable operating  margins.
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Medco Health Solutions Inc  on Tuesday posted higher-than-expected quarterly earnings, helped by sales of generic drugs, and the pharmacy benefit manager boosted its full-year profit forecast.
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Health insurer UnitedHealth Group Inc. said Tuesday its fourth-quarter earnings climbed 3 percent, as growth in prescription services and Medicaid plans offset a smaller profit in its core health coverage division.
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Diversified health-care company Johnson &amp; Johnson on Tuesday said its quarterly profit rose on higher sales of prescription drugs and medical devices.
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The prescription-benefit manager said earnings soared on higher overall revenue and improved results in its specialty pharmacy business.
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Third-quarter profit rose 15 percent to $1.28 billion as premium and fee growth in its Medicaid business helped offset lower enrollment in employer-sponsored programs.
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Managed-care service provider Wellcare Health Plans is showing robust returns.
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The cost of employee health coverage rose 7.7 percent this year, more than double the overall inflation rate and well ahead of the increase in the incomes of workers.
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Abbott Laboratories, the maker of health-care products ranging from pediatric nutritional drinks to HIV tests, said third-quarter profit rose 15 percent as prescriptions climbed for its Humira rheumatoid-arthritis drug.