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WellPoint Unit Denied Profits On Health Plan Rates

By Christie Smythe (April 22, 2010, 7:13 PM EDT) -- A Maine judge has upheld a state insurance regulator's decision to deny an affiliate of health insurer WellPoint Inc. the opportunity to collect a profit margin as part of its calculations for 2009 rates for certain individual health plans, holding the insurer to much lower rate increases than it had requested....

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