Shares of managed-care companies rise as the government's late-Friday release of preliminary...

|By:, SA News Editor

Shares of managed-care companies rise as the government's late-Friday release of preliminary 2013 rates for Medicare Advantage plans look better than expected. Bernstein says the rate news is "solidly positive" and well above the highest Street expectations: Humana (HUM +1.5%), Cigna (CI +1.4%) and Wellpoint (WLP +1%).