(Reuters) - NEW YORK, July 25 - WellPoint Inc. posted an 11 percent rise in second-quarter profit on Wednesday as the largest U.S. health insurer by enrollment increased its membership from a year earlier and better controlled administrative costs.
WellPoint also also spent less on medical costs as a percentage of premiums than it did in the first quarter, which could soothe investors after rival UnitedHealth Group Inc.'s earnings report alarmed them in that regard.
Read more at Reuters.com Market News
WellPoint also also spent less on medical costs as a percentage of premiums than it did in the first quarter, which could soothe investors after rival UnitedHealth Group Inc.'s earnings report alarmed them in that regard.
Read more at Reuters.com Market News
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