WellPoint’s stock dipped, losing 25 cents a share to close at $26.25 in trading on the New York Stock Exchange. UniCare’s stock soared almost 40% on Monday, or $7.875, to close at $27.625 in trading on the New York Stock Exchange. The merger of UniCare with WellPoint is expected to close later this year or early in 1994, subject to the approval of state and federal regulators as well as UniCare shareholders. You can usually visit specialists without a referral, including out-of-network specialists.
More flexibility to use providers both in-network and out-of-network. in New York, which specializes in the insurance industry. A PPO plan can be a better choice compared with an HMO if you need flexibility in which health care providers you see. Sargent, senior vice president with Conning & Co. More such pairings will occur in the coming months as signals from Sacramento and Washington encourage workers’ compensation insurers to move toward a managed-care model, predicted Thomas D. Also, an injured worker uses the HMO’s facilities or a doctor the HMO approves, increasing efficiency. If you’re a member of an HMO, your insurance company agrees to pay for your health care when you use. They do so, he said, by supplying workplace safety experts. A health maintenance organization, or an HMO, is a common type of health insurance plan. Gordon, a health-care analyst with Morgan Stanley in New York. Studies show that HMO-style care can save 30% to 40% of the costs involved in workers’ compensation claims, said Edwin H.
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