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Archive for July 23rd, 2008

American Progressive 2009 Certification Meetings in Scranton and Williamsport, Pennsylvania (PA)

Posted in 2009 MA Plans, American Progressive, Insurance Companies, Medicare Advantage, Pennsylvania, States, Training/Certification, Universal American Companies on July 23, 2008 | 1 Comment »

This is from American Progressive, note that this is Medicare Training and Certification and that Product training will follow. . .  -Craig We are excited to announce that we have expanded our Medicare product lines for 2009.  I would like to personally invite you to attend one of our FREE MEDICARE PRODUCT and CERTIFICATION EVENTS [...]

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WellCare restates earnings, under investigation for overbilling government programs

Posted in Insurance Companies, Wellcare on July 23, 2008 | 3 Comments »

In continuing coverage from the July 22 edition of NAHU Newswire, Bloomberg (7/22, Goldstein) reported, “WellCare Health Plans Inc., the U.S. managed-care provider being investigated over possible fraud, gained the most ever in New York trading after the company restated its earnings since 2004.”

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UnitedHealth reports 73 percent decline in 2Q income, share prices rise 10 percent

Posted in Insurance Companies, United Health Care on July 23, 2008 | Leave a Comment »

The Wall Street Journal (7/23, B4, Fuhrmans) reports, “UnitedHealth Group Inc. reported a 73 percent decline in second-quarter net income, driven by charges related to the settlement of options-backdating cases, a poor economy, and fierce competition in” the insurance industry. “But given the stream of bad news from the health-insurance titan in recent earnings seasons, the absence [...]

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