TAMPA, Fla. (AP) — WellCare Health Plans' second-quarter earnings inched up 1 percent, as a jump in medical benefits and other expenses countered a revenue spike for the Medicaid and Medicare coverage provider.

The Tampa, Fla., company topped Wall Street expectations for the quarter and also raised its 2013 earnings forecast. Its shares rose more than 10 percent in morning trading Wednesday.

WellCare Health Plans Inc. earned $46.9 million, or $1.07 per share, in the three months that ended June 30, up from $46.4 million, or $1.06 per share, in last year's quarter.

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