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denverbill

(11,489 posts)
6. No, here is what is going to happen...
Mon Jul 9, 2012, 04:29 PM
Jul 2012
http://www.marketwatch.com/story/medicaid-insurers-surge-on-amerigroup-deal-2012-07-09?dist=afterbell

LOS ANGELES (MarketWatch) — Medicaid insurers surged in early trading Monday, anticipating a reshuffling among health carriers after WellPoint Inc. announced plans to buy Amerigroup Corp. for a 43% premium.

Shares of Amerigroup AGP +38.00% , a player in Medicaid coverage, were catapulted by 38% after WellPoint WLP +3.41% , one of the nation’s biggest insurers, agreed to pay $92 a share for the company, or $4.9 billion. Amerigroup shares were up $24.50 to $88.84 while WellPoint shares were up more than 3% to $61.95.
........

Wellpoint will buy off the Republickers, or just enough to keep the Medicaid expansion in place. As a result, they won't repeal the whole thing. They will nitpick at the edges for years.

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