It caught, WellPoint company recently completed buy AMERIGROUP would promote government portfolio, BMO capital on Thursday said in a report.
In Indianapolis insurance company said Monday, it completed the 44. $600 million deal, it was first announced in July, buy AMERIGROUP company, operating in a few states of medical coverage. Medical aid is state and federal government funded projects, providing health care insurance of the poor and disabled.
Countries began to residents eligible for medical aid and medical insurance, the federal government funded plan, for 65 years old and disabled people, to the management type medical plan, to coordinate their care. These so-called "double qualified" patients usually have a chronic or expensive medical conditions, but analysts and insurance companies saw a potential profitable business, the insurance company of the population.
In 2014, more and more people will be eligible for medical aid, in the medical reform the coverage of the part of the expansion.
WellPoint said, now, the medical service will be in twenty countries of about 450 million people to provide services.
Acquaintances, on a Wednesday morning research noticed, he adjusted his WellPoint profit forecast of this year, and 2013 years of trading account. This includes in higher medical debt interest rate and the factors.
"Increase (AMERIGROUP), WellPoint's business may get better access to the government to pay, and the fundamentals will likely remain unchanged," being forced to write.
Being forced to reduce 4 cents, to $7.51 per share, his insurance company 2012 earnings forecast in 2013, he put forward his expect a penny $8.12 a share.
Earlier this month, KangDian company reaffirmed its 2012 $$7.307.40, or adjusted earnings, regardless of the investment income, litigation or acquisition cost prediction. The company will be in the New Year in early 2013 released its profit forecast.
From FactSet survey of analysts, on average, were expecting, WellPoint this year and next year of $7.94 per share every $7.48 per share earnings.
WellPoint company is the largest health insurance company. It can run in several states blue cross we plan.
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