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Amerigroup is an American health insurance and managed health care provider. Amerigroup covers 7.7 million seniors, people with disabilities, low-income families and other state and federally sponsored beneficiaries, and federal employees in 26 states, making it the nation's largest provider of health care for public programs. [ 1 ]
The company performed better in the fourth quarter of 2005, but it took several months for Amerigroup to fully recover. [ 14 ] In 2007, Amerigroup settled a lawsuit brought on by shareholders who claimed to have been defrauded following the company's drop in share price as a result of the money lost in the third quarter of 2005.
In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail.
Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less ...
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