(Bloomberg) -- WellPoint Inc., the second-biggest U.S. health insurer, reported profit that beat analysts’ estimates and raised its forecast, fueled by the addition of Amerigroup Corp. and slower growth in medical costs.

First-quarter earnings excluding one-time items were $2.94 a share, 56 cents higher than the average of 19 analysts’ estimates compiled by Bloomberg. Full-year profit is now forecast to be at least $7.80 a share, the Indianapolis-based health plan today said in a statement.

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