The odds that the Supreme Court will overturn ObamaCare are long, and at least one major health insurer is making a bullish bet on government health care. Witness Centene’s $17.3 billion acquisition of WellCare, which will make it among the nation’s largest providers of government-sponsored health plans. “We will be a leader in Medicaid, Medicare and the health insurance markets,” Centene CEO Michael Neidorff boasted Wednesday. Both insurers have made a sweet business managing the government’s swelling rolls. Between 2008...
Source: Wall Street Journal March 28, 2019 23:37 UTC