WellPoint to buy Medicare Advantage plan provider

[Guy N]

Health insurer WellPoint Inc. said Wednesday it will buy CareMore, a California company that offers coverage in what WellPoint sees as a key growth area: Medicare Advantage plans. Terms of the deal were not disclosed.

http://biz.yahoo.com/ap/110608/us_wellpoint_acquisition.html?.v=1

 

[mattspits]

This appears to be the driving force behind growing the MA plans. Healthspring has grown also by buying out competitors