User 178215

Wellpoint Says Price Hikes Will Fix Its Bottom Line; Analysts are Skeptical

With Wellpoint's competitors having better margins and better management it's better to invest in them rather than Wellpoint. The whole healthcare sector is changing and trying to penalize or disincentivize the seniors in their Medicare Advantage plan will bode badly for wellpoint. Already they've cut their commissions to their brokers who are pushing for the other insurances who are better run. Doctors in California are disenrolling since Blue Cross now pays below Medicare rates. S&P 500 just downgraded Wellpoint. Also Wellpoint's investment losses are troubling if you look at the fine print. I wouldn't catch a falling knife as of yet. The other companies are just better run.