BNET Industries
Market Cap:$25.3B
Last Fiscal Year Sales:$61.2B
- Public
- US
Dow Jones Description
WellPoint, Inc. is the largest health benefits company in terms of medical membership in the United States. WellPoint is an independent licensee of the Blue Cross and Blue Shield Association and serves its members as the Blue Cross licensee for California; the Blue Cross and Blue Shield licensee for Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri (excluding 30 counties in the Kansas City area), Nevada, New Hampshire, New York (as the Blue Cross Blue Shield licensee in 10 New York City metropolitan and surrounding counties and as the Blue Cross or Blue Cross Blue Shield licensee in selected upstate counties only), Ohio, Virginia (excluding the northern Virginia suburbs of Washington, D.C.), Wisconsin; and through UniCare.
Number of Employees 42,900
Contact Information
120 Monument Cir
Indianapolis, Indiana 46204-4906
(317) 488-6255
Peer Companies
NAICS Code Direct Health and Medical Insurance Carriers: 524114
Recent Events
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Managed Care Stocks Rally As Goldman Sachs Sees Group As Attractive (CI, HNT, UNH)
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AMA Suit Against UnitedHealth Nears End
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Express Scripts acquires WellPoint's NextRx subsidiaries
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HEADLINE STOCKS-Some U.S. stocks on the move on Dec. 1
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Express Scripts acquires NextRx subsidiaries of WellPoint
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Analyst Upgrades for November 24th
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BRIEF-RESEARCH ALERT-JP Morgan raises Cigna, WellPoint to overweight
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Oppenheimer & Co. reiterates WellPoint Inc. at 'outperform'
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Cigna will keep its PBM business
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Medco Net Rises 13%, Boosts Target
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WellPoint Reports Third Quarter 2009 Results
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WellPoint's Pat Murphy Named to Treasury & Risk Magazine's '40 Under 40'
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WellPoint Honored With BlueWorksR Award for Journey Forward, an Initiative to Provide Coordinated
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Moody's affirms Wellpoint, units
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2nd UPDATE: Express Scripts: Extortionist Has Even More Data
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Cigna, other health insurers, trade lower as debate continues
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Health insurers trade mixed as debate continues
News & Analysis
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benefits and wellpoint inc. - All News and Analysis
Pharmacy Benefit Managers Face Double Threat
BNET
- 2009-09-03
Do WellPoint and Aetna know something about healthcare reform that others don't? WellPoint sold its pharmacy benefit manager PBM division recently to Express Scripts, and Aetna has put its PBM on the block, with Medco reported to be the leading bidder. Meanwhile, one of the reform bills would require PBMs...
Medco Health Solutions Inc., Q1 2009 Earnings Call Transcript
Seeking Alpha
- 2009-04-29
Question-and-Answer Session Operator Operator Instructions. Your first question comes from the line of Lisa Gill - J.P. Morgan. Lisa Gill - J.P. Morgan Just a couple of quick questions; Dave, would you give us your thoughts on the WellPoint transaction and what you think it means overall for...
WellPoint Jump-Starts Medical Tourism Trend
BNET
- 2009-04-28
Healthcare providers and insurance companies have long been at odds over reimbursement, coverage, and pre-authorization issues. Now, it appears, physicians and hospitals may soon have another bone to pick with health plans, over medical tourism. Wellpoint, the largest U.S. health insurer, is conducting a pilot of medical...
WellPoint, Inc., Q1 2009 Earnings Call Transcript
Seeking Alpha
- 2009-04-22
Question-and-Answer SessionOperator Thank you. Operator Instructions Your first question comes from the line of Josh Raskin from Barclays Capital. Please go ahead. Joshua Raskin - Barclays Capital Hi, thanks. Good morning. Question is really the high deductible health plans, I guess in this new world that we are speaking...
WellPoint Sells PBM As Unemployment Rises
BNET
- 2009-04-13
WellPoint’s sale of its pharmacy benefit manager PBM unit to St. Louis-based Express Scripts for $4.7 billion appears to be the result of a financial-driven decision. While the giant Blues holding company expects earnings growth in 2009, it also anticipates that its membership will drop by a million members because...
Healthcare Roundup: Abbott-AMO Deal, WellPoint Gets Whacked, and More
BNET
- 2009-01-14
Abbott buys American Medical Optics in $2.8 billion deal; WellPoint has its Medicare enrollment suspended over complaints; WellPoint expects $349 million in fourth-quarter investment losses; Medtronic pays $225 million for Ablation Frontiers; and more. by David P. Hamilton
The never ever eleven: the danger that a "never event" can become an exposure against which hospitals cannot defend has some risk managers wondering whether hospitals will be bearing the brunt of strict liability in which juries have only to fin
- 2008-10-01
Summary * Beginning on Oct. 1, Centers for Medicare & Medicaid Services will refuse to pay for 11 conditions it identifies as "reasonably preventable." * Healthcare risk managers say the ramifications of these rules may be too punitive and hold hospitals responsible for exposures they cannot control. ...
WellPoint Named Top Green IT Company by Computerworld Magazine
- 2008-02-20
To: ENVIRONMENTAL EDITORS Contact: Media, Todd Siesky, +1-317-819-5098; Investors, Michael Kleinman, +1-317-488-6713, both of WellPoint, Inc. INDIANAPOLIS, Feb. 20 /PRNewswire/ -- WellPoint, Inc. (NYSE: WLP) announced today that it has been named a Top Green IT company by Computerworld magazine. This is the first year for the award, which...
Physicians Adult Daycare in Negotiations for Acquisition of 36 Adult Daycare Centers in Texas.
- 2006-12-13
M2 PRESSWIRE-13 December 2006-InvestSource Inc.: Physicians Adult Daycare in Negotiations for Acquisition of 36 Adult Daycare Centers in TexasC1994-2006 M2 COMMUNICATIONS LTD RDATE:13122006 Stocks in the News: Physicians Adult Daycare, Inc (OTC: PHYA), CIGNA Corp. (NYSE: CI), Aetna Inc. (NYSE: AET)...
Anthem Merger Deal Heightens Pressure On Competitors.
- 2003-10-28
By Diane Levick, The Hartford Courant, Conn. Knight Ridder/Tribune Business News Oct. 28--Anthem Inc.'s proposed purchase of WellPoint, announced Monday, would create a mega-competitor for companies like Aetna and CIGNA, and industry consolidation isn't over yet. In the biggest...
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