Insurer WellPoint sees $20 billion Obamacare opportunity

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Insurer WellPoint sees $20 billion Obamacare opportunity

By Caroline Humer (Reuters) - WellPoint Inc , the nation's second largest health insurer, sees President Barack Obama's healthcare reform giving a $20 billion boost to its revenue by 2016, led by an expansion of the Medicaid program for the poor and the introduction of subsidized coverage for the uninsured. WellPoint will be one of the largest players on health insurance exchanges created by the Affordable Care Act that will allow consumers to choose subsidized health plans beginning on October 1. ...

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