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WellPoint profits rise 51 percent amid scrutiny on several fronts
WellPoint, the U.S. health insurer with the biggest membership, announced Wednesday that its first-quarter earnings rose 51 percent compared to last year and were boosted by a mild flu season, The Wall Street Journal reports. Medical membership fell 2.1% to 33.8 million as of March 31 from a year earlier but rose by 165,000 during the quarter. The company trimmed its year-end medical membership projection to 33.1 million from 33.3 million."
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