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WellPoint to buy Amerigroup for $4.5 billion in Medicaid play

Medicaid

Health insurer WellPoint Inc will buy rival Amerigroup Corp for $4.46 billion in a major bet on the expansion of the U.S. government's Medicaid health plans for the poor.

 

Social Security makes $8B in improper payments

The Social Security Administration made $6.5 billion in overpayments to people not entitled to receive them in 2009, including $4 billion under a supplemental income program for the very poor, a government investigator said Tuesday.

 

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