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WellPoint’s 4th quarter profit jumps
Los Angeles Times

Health insurance giant WellPoint Inc. gave a lower-than-expected profit outlook for 2013 as it prepares for the federal healthcare overhaul and continues to search for a new chief executive.

WellPoint, which runs Anthem Blue Cross in California and health plans in 13 other states, reported a bigger-than-expected 38% jump in fourth-quarter net income Wednesday, boosted by one-time gains related to an income tax settlement and investments.