If the health care debate is a boost to Wellpoint, why is their management dumping stock?
Insurer's stock jumps after doubts arise on government health insurance proposal
WellPoint's stock price surged as the prospects for a new "public" health insurance plan appear to be fading.
Shares of the Indianapolis-based health insurance giant rose Monday -- a down day for the broader market -- in reaction to recent comments from the Obama administration that a public plan is not essential to health-care reform.
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