- American City Business Journals•1 hour ago
The independence of WellCare Health Plans Inc. could be in question now that a federal judge has blocked Aetna Inc. from acquiring Humana Inc. U.S. District Judge John Bates ruled Monday that Aetna’s proposed $37 billion purchase of Humana would violate antitrust laws by reducing competition. Concerns about competition in the Florida health insurance market were key factors in the judge’s 158-page opinion.
An order by President Donald Trump that could scale back enforcement of some Obamacare provisions is unlikely to sink health insurance stocks, but shares of hospitals and Medicaid providers could be under pressure over fears more poor people would lose coverage, analysts said. President Trump signed an executive order on Friday urging government departments to "waive, defer, grant exemptions from, or delay the implementation" of provisions of the Affordable Care Act, known as Obamacare, that imposed fiscal burdens on states, companies or individuals. While the order lacked details, it signaled the start of an effort by Trump and Republicans to repeal and replace the program, which expanded health coverage to some 20 million people.
- Zacks•5 days agoZacks.com featured highlights: NIC, WellCare Health Plans, CBOE Holdings, Littelfuse and Radian Group
Zacks.com featured highlights: NIC, WellCare Health Plans, CBOE Holdings, Littelfuse and Radian Group
WCG : Summary for Wellcare Health Plans, Inc. Com - Yahoo Finance
WellCare Health Plans, Inc. (WCG)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||143.25 - 147.26|
|52 Week Range||69.16 - 147.75|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||30.67|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|