BNET Industries

Market Cap:$24.6B
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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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
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Citigroup Upgrades Wellpoint WLP to Buy; Downgrades UNH & CVH
News & Analysis
Filter by
ken terry and wellpoint inc. - All News and Analysis
A Tale of Two Insurance Companies Depicts Negative Trends
Humana and WellPoint had very different third-quarter results, yet trends appear to be negative for both companies. by Ken Terry
Pharmacy Benefit Managers Face Double Threat
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...
WellPoint Jump-Starts Medical Tourism Trend
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 Sells PBM As Unemployment Rises
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...
Multi-Payer Portals Are All The Rage
A growing number of health plans are deciding that it doesn’t make sense for them to offer physicians individual web portals to check patient eligibility, benefits, claims status, and other insurance-related data. Instead, they’re using multi-payer portals that simplify the workflow in the physician office by reducing the number of...
Physician Ratings Services Still Come Up Short
The company that puts out the Zagat guides to restaurants and leisure activities licensed its name to WellPoint, one of the largest U.S. insurers, about a year ago. Now WellPoint is posting reviews of physicians by WellPoint members for the use of its other members across the country, plus members...
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Glass Door
WellPoint
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