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Investing

Wellpoint to Focus on Wellness (WLP, AET, HUM, CI)

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By Paul Ausick Published
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Health insurer Wellpoint Inc. (NYSE: WLP) is changing its fee schedule for primary care physicians. Like other insurers Aetna Inc. (NYSE: AET), Humana Inc. (NYSE: HUM), and Cigna Inc. (NYSE: CI), Wellpoint’s share price has been falling as costs have eaten into profits.

The new approach from Wellpoint will boost payments by about 10% to primary care physicians in an effort to avoid the costlier surgeries and emergency room visits that occur when patients avoid routine visits and check-ups. The Wall Street Journal notes that payments to primary care doctors could rise by 50% in certain circumstances.

Wellpoint reported weak fourth quarter earnings and offered a weak outlook on Wednesday, sending shares plummeting by about -7%. Shares closed yesterday at $64.30 in a 52-week range of $56.61-$81.92.

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Disclaimer: Energy Exploration Technologies, Inc. (“EnergyX”) has engaged 24/7 Wall St to publish this communication in connection with EnergyX’s ongoing Regulation A offering. 24/7 Wall St has been paid in cash and may receive additional compensation. 24/7 Wall St and/or its affiliates do not currently hold securities of EnergyX.

This compensation and any current or future ownership interest could create a conflict of interest. Please consider this disclosure alongside EnergyX’s offering materials. EnergyX’s Regulation A offering has been qualified by the SEC. Offers and sales may be made only by means of the qualified offering circular. Before investing, carefully review the offering circular, including the risk factors. The offering circular is available at invest.energyx.com/.


Comparisons to other companies are for informational purposes only and should not imply similar results. Past performance is not indicative of future results. Market shortfall are forward‑looking estimates and are subject to substantial uncertainty. Investments in private placements, and start-up investments in particular, are long-term, illiquid, speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in start-ups

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About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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