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Georgia, Wisconsin, Indiana and Virginia, where Republican governors have resisted the ACA rollout. (Democratic Virginia Gov. Terry McAuliffe replaced Republican Bob McDonnell this month.)
WellPoint is selling subsidized insurance through online sites in 14 states. Much of its membership comes from its headquarters state of California, where the marketplace rollout has gone better than elsewhere. On the other hand, many of its plans are being sold in states such as Nike Air Huarache Utility
ï»¿Ups Through Health Exchanges
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WellPoint bosses also disclosed:
You can read Seeking Alpha's transcript of the call here.
Executives didn't disclose which states their 500,000 applicants came from.
Last week Marilyn Tavenner, head of the Centers for Medicare and Medicaid Services, said 3 million had applied so far for exchange policies.
It's still very early in the game. But WellPoint's disclosures were positive enough that one analyst asked why the company wasn't increasing its profit forecast for 2014. Investors seemed to see little sign of such risks in WellPoint's disclosures. The company's stockpopped by $2 a share more than 2 percent in early trading.
law is working out.
Long before exchange computer problems emerged in October, the Congressional Budget Office projected that 7 million people would gain coverage sold through the marketplaces in 2014.
not affiliated with Kaiser Permanente.
After weeks of uncertainty about how many people have been applying for coverage that started Jan. 1,their age spreadand whether or not they're paying premiums, WellPoint disclosed higher than expected early membership growth and said it expects to make money on the new enrollees. It's the most substantial information so far on how a key part of the health Nike Air Huarache Infant
Kaiser Health News is an editorially independent program of the Henry J. Kaiser Family Foundation, a nonprofit, nonpartisan health policy research and communications organization Nike Huarache Grey Junior
"We do feel good about what we've seen thus far on the Huarache Womens Red exchanges," WellPoint CEO Joseph Swedish told stock analysts on a conference call to report 2013 financial results. "While it is early, we are encouraged by the level of applications we've received" as well as by the health risk profiles of new members, he said.
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