BNET Industries
WellPoint Inc. (WLP) is in the Health Care Industry
- Revenue
- Dec 31 2007
- $61.1B
- Profit
- Dec 31 2007
- $3.3B
- Market Cap
- May 20 2008
- $27.5B
Latest News and Analysis
Coventry Health Profit Up 3 Percent, Meets Estimates
By Lewis Krauskopf NEW YORK (Reuters) - Coventry Health Care Inc CVH posted a 3 percent first-quarter profit increase on Friday, matching Wall Street estimates, helped by higher membership, and the insurer backed its full-year forecast. Coventry shares rose more than 2 percent,...
Coventry Health Profit Up 3 Percent
NEW YORK (Reuters) - Insurer Coventry Health Care Inc CVH posted a 3 percent first-quarter profit increase on Friday, matching Wall Street estimates, helped by higher membership. The company forecast second-quarter earnings below analyst estimates but backed its full-year outlook, which...
Aetna Profit Meets Street
NEW YORK (Reuters) - Aetna Inc AET on Thursday posted first-quarter profit that met Wall Street expectations, helped by higher membership, and the health insurer backed its 2008 profit forecast. The No. 3 U.S. health insurer also raised its enrollment projection...
WellPoint Cuts 2008 Forecast After Profit Slumps
NEW YORK (Reuters) - WellPoint Inc WLP said on Wednesday first-quarter profit slumped a steeper-than-expected 25 percent on high medical costs, mainly in its Medicare plans for the elderly. The health insurer also further cut its 2008 forecast. The largest U.S....
WellPoint Posts Lower Quarterly Profit
NEW YORK (Reuters) - Health insurer WellPoint Inc WLP on Wednesday said first-quarter profit slumped on high medical costs, including in its Medicare plans for the elderly, and further cut its 2008 forecast. Net income fell to $588.1 million, or $1.07 per share,...
Additional Resources
Italian Airline Lands in the U.S
Air One launches nonstop flights from Boston and Chicago to Milan ROME -- Air One, Italy's No. 1 private airline, announced today it is launching its first intercontinental flights between the U.S. and Italy. Air One passengers can fly from Boston and Chicago directly to Milan, the industrial...
Health insurance industry feeling bottom line pain
The first quarter of 2008 will be remembered by health plans as their worst financial performance in more than a decade. While the Standard & Poor's 500 stock index is down 10 percent for the quarter, the managed care sector is off 35 percent. All the major...
WellPoint NextRx Announces New Agreement With Blue Cross of Idaho
THOUSAND OAKS, Calif., May 7 /PRNewswire-FirstCall/ -- WellPoint NextRx, the nation's largest health plan-owned pharmacy benefits manager PBM announced a new five-year agreement with Blue Cross of Idaho to serve as the pharmacy benefits manager for their 550,000 members. NextRx has served as PBM for Blue Cross of Idaho,...
WellPoint Wins Medicare Administrative Contract Worth up to $323 Million
CMS awards Company's National Government Services subsidiary Medicare Administrative Contract for New York and Connecticut INDIANAPOLIS, May 5 /PRNewswire-FirstCall/ -- WellPoint, Inc. announced today that its National Government Services, Inc., subsidiary was selected by the Centers for Medicare & Medicaid Services to administer the Medicare Administrative...
U.S. insurers agree to national principles for physician performance measures
Some of the largest health insurance plans in the United States, including Aetna, Cigna, UnitedHealthcare, and WellPoint, have agreed to adhere to a new patient charter endorsed by leading business, consumer, health insurance, and physician groups. The Patient Charter for Physician Performance Measurement, Reporting and Tiering Programs calls for a...
Jacoby Ellsbury Takes the Field for owater
- Boston Outfielder Partners With Upstart Beverage Brand - CONCORD, Mass., May 1 /PRNewswire/ -- owater, maker of healthy enhanced waters, today announced it has signed Boston baseball player Jacoby Ellsbury to endorse its infused owater line of all-natural sports drinks. The two-year partnership links the fast-rising...
Zacks Industry Rank Analysis Highlights: Air Products, DuPont, Praxair, UnitedHealth Group and WellPoint
CHICAGO -- Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week's analysis includes Air Products (NYSE: APD), DuPont (NYSE: DD), Praxair (NYSE: PX), UnitedHealth Group (NYSE: UNH) and WellPoint (NYSE: WLP). To see the Zacks Industry Rank and the trend in earnings estimates revisions for more than...
WellPoint Introduces Industry's First Electronic Tool to Help Members Search In-Network Doctors and Hospitals; Transparency Tool to Enable Searches Via Web-Enabled Cell Phones or Hand-Held Devices
Connecticut, Maine and New Hampshire members first to access comprehensive wireless provider directory INDIANAPOLIS, May 1 /PRNewswire-FirstCall/ -- WellPoint, Inc., today announced the launch of a mobile provider finder tool, a new mobile directory that will allow members of its affiliated health plans to search for local,...
Handbook of research on venture capital
Handbook of research on venture capital. Ed. by Hans Landstrom. Edward Elgar Publishing 2007 441 pages $245.00 Hardcover HG172 Systematic research into venture capital markets is now about 25 years old. In this collection,...
BlueCross BlueShield of South Carolina and WellPoint Affiliate Receive State Approval for Ten South Carolina Counties
BlueChoiceR HealthPlan to offer Medicaid benefits in Bamberg, Calhoun, Chester, Kershaw, Lancaster, Lexington, Orangeburg, Richland, Sumter and York Counties INDIANAPOLIS and COLUMBIA, S.C., April 30 /PRNewswire/ -- BlueCross BlueShield of South Carolina and WellPoint Inc. announced today the approval by the South Carolina Department of Health...
WellPoint Announces Acquisition of DeCare Dental
Acquisition Will Provide Market-Leading Dental Tools and Services to WellPoint Members INDIANAPOLIS, April 29 /PRNewswire-FirstCall/ -- WellPoint, Inc. , the nation's largest health benefits company, today announced the acquisition of DeCare Dental, one of the country's largest administrators of dental benefit plans. DeCare, a Minneapolis-based company,...
Former WellPoint Senior Executive Appointed MDdatacor Executive Chairman
John S. Watts, Jr. to Lead Board of MDdatacor, Inc., a Leading Healthcare Technology Company ATLANTA -- MDdatacor, Inc., a leader in healthcare quality management solutions for health plans and providers, today announced it has appointed John S. Watts Jr., former president and CEO of WellPoint...
WellPoint Foundation Supports National Campaign Focused on Depression Among Men
INDIANAPOLIS, April 28 /PRNewswire/ -- Depression is a serious but treatable health condition that affects more than six million American men. This condition will be the focus of a national campaign during Mental Health Awareness Month in May, called Men Get Depression, which is supported by the WellPoint Foundation,...
WellPoint Announces Appearances at Upcoming Conferences
INDIANAPOLIS, April 28 /PRNewswire-FirstCall/ -- WellPoint, Inc. announced today that senior management is scheduled to present at the following conferences: -- 2008 Morgan Stanley Global Healthcare Unplugged Conference on May 1, 2008, at 3:40 p.m. Eastern Daylight Time EDT; ...
WellPoint Announces First National Community Service Day
More than 3,200 Associates Nationwide Volunteered to Build Healthy Communities INDIANAPOLIS, April 28 /PRNewswire-FirstCall/ -- WellPoint, Inc. , today announced that more than 2,100 associates nationwide joined together with 1,080 of their friends and family members on Saturday, April 26 and Sunday, April 27 (April 19 in...
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- Incorporated: 2001
- CEO: Ms. Angela F. Braly
WellPoint is a health benefits company, serving 34.8 million medical members at Dec 31 2007. Co. is also an independent licensee of the Blue Cross and Blue Shield Association, an association of independent health benefit plans. Co. provides network-based managed care plans, including preferred provider organizations; health maintenance organizations; point-of-service plans; traditional indemnity plans and other hybrid plans; hospital only and limited benefit products. Co. also provides managed care services to self-funded customers; and an array of specialty and other products and services including life and disability insurance benefits, pharmacy benefit management, and specialty pharmacy.
Key Competitors
WellPoint Inc. Company Info
Board of Directors
Mr. Larry C. Glasscock
Chairman
Ms. Julie A. Hill
Mr. Ramiro G. Peru
Ms. Sheila P. Burke
Mr. Victor S. Liss
Dr. Jane G. Pisano Ph.D.
Mr. George A. Schaefer Jr.
Ms. Jacquelyn M. Ward
Mr. John E. Zuccotti
Ms. Angela F. Braly
Mr. William H.T. Bush
Mr. Warren Y. Jobe
Mr. William G. Mays
Senator Donald W Riegle Jr.
Mr. William J. Ryan
Dr. Lenox D. Baker Jr., M.D
Ms. Susan B. Bayh
Contact Information
120 Monument Circle
Indianapolis, IN
317 488-6000
