Two big blues merge to create $16B health insurer [Seeking Alpha]
WELLCARE HEALTH PLANS (WCG)
Last wellcare health plans earnings: 10/30 06:00 am
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US:NYSE Investor Relations:
ir.wellcare.com
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Source: Seeking Alpha
Two big blues merge to create $16B health insurer Portland, OR-based Cambia Health Solutions and Durham-based Blue Shield of North Carolina have agreed to combine Legally, BCNC will remain a separate company, retaining its name and assets, but it will sign a 20-year contract with the revamped Cambia to manage its operations. Neither company will formerly acquire the other or have to pay out any cash. Related tickers: WellCare Health Plans ( WCG -0.8% UNH +1.4% MOH +2.1% HUM +0.2% CI +0.7% +1.6% ANTM +0.4%
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