Health insurance provider Amerigroup (AGP), already hit hard on Friday due to a weak earnings...

|By:, SA News Editor

Health insurance provider Amerigroup (AGP), already hit hard on Friday due to a weak earnings report and cuts in Medicaid reimbursements, fell another 12.6% today on fears of significant Medicare cuts. Barclays is lowering its PT on the firm to $63, citing weak earnings and remarks from the company about "rising health care cost trends."