WellPoint's Profits Are Up; CEO Says Premiums Would Rise Under Health Overhaul

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WellPoint's profits are up in the fourth quarter. Meanwhile, CEO Angela Braly says premiums would rise under the Democrats' plans to require insurers to cover all Americans. WellPoint "posted an eightfold increase in profit for the fourth quarter and projected solid earnings for this year despite a recent softening in enrollments and revenue from premiums," The Los Angeles Times reports. "WellPoint Inc., the nation's largest health insurer by membership, earned $2.7 billion, or $5.95 a share, for the final three months of last year, compared with profit of $331...


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