SANTA MONICA, Calif., July 22 /U.S. Newswire/ -- Four days after the release of an Internet-based animation depicting WellPoint chairman Leonard Schaeffer as a "Pig Person from Outer Space PPO" for his $250 million bonus following a recent merger, Schaeffer announced he would quit the company late this afternoon. ...
LOS ANGELES, April 27 /U.S. Newswire/ -- WellPoint -- the nation's largest health insurer -- its subsidiary Blue Cross of California, and Blue Shield were named in 13 new lawsuits today for canceling health insurance policies and refusing to pay medical bLOS ANGELES, April 27 /U.S. Newswire/ -- WellPoint --...
The lightbulb as we know it may be gone from store shelves by 2016. A coalition of energy specialists, environmentalists and lighting manufacturers (including the largest, Philips Lighting) announced their intention to eliminate completely the incandescent light bulb and replace it with more efficient alternatives. GE, however, is not part...
EXECUTIVES AT WELLPOINT HEALTH Networks Inc. are defending their company's efforts to merge with Anthem Inc. Anthem, Indianapolis, announced plans in October 2003 to acquire the bigger, Thousand Oaks, Calif.-based managed care company in a deal with a value of about $16 billion. ...
Business Editors THOUSAND OAKS, Calif. & INDIANAPOLIS--BUSINESS WIRE--May 18, 2004 WellPoint Health Networks Inc. (NYSE:WLP) and Anthem, Inc. (NYSE:ATH) today announced that members of their senior management are currently scheduled to appear at the Banc of America Healthcare Conference on Friday, May 21, 2004. The presentation is...
WEST HILLS, Calif. -- WellPoint Pharmacy Management today announced it has been awarded a contract with Blue Cross & Blue Shield of Rhode Island. Under this new three-year agreement, WellPoint Pharmacy Management will provide fully integrated pharmacy benefit management PBM services to Blue Cross & Blue Shield of Rhode Island's...
SANTA MONICA, Calif., July 12 /U.S. Newswire/ -- As California regulators review the impact on the California health care system of the proposed merger of Blue Cross of California's parent company, WellPoint Health Networks, and Anthem Inc, executives conSANTA MONICA, Calif., July 12 /U.S. Newswire/ -- As California regulators review...
Byline: JUDY GREENWALD INDIANAPOLIS-The new managed care company to be formed by the $16.4 billion merger between Indianapolis-based Anthem Inc. and Thousand Oaks, Calif.-based WellPoint Health Network will provide large employers with an addition Byline: JUDY GREENWALD INDIANAPOLIS-The new managed...
WOODLAND HILLS, Calif.--BUSINESS WIRE--Oct. 26, 1998--WellPoint Pharmacy Management Monday announced it has renewed its contract with Blue Cross & Blue Shield of Mississippi.
SANTA MONICA, Calif., April 27 /U.S. Newswire/ -- The California Department of Managed Health Care DMHC, which oversees Blue Cross of California, called for a hearing today to investigate huge rate increases following an announcement this morning that tSANTA MONICA, Calif., April 27 /U.S. Newswire/ -- The California Department of...
WASHINGTON, April 26 /U.S. Newswire/ -- WellPoint, the nation's largest health insurer and parent company of Blue Cross of California, announced a 20 percent profit increase as evidence mounts that the company is engaging in widespread and illegal cancellWASHINGTON, April 26 /U.S. Newswire/ -- WellPoint, the nation's largest health insurer...
SACRAMENTO, Calif., July 9 /U.S. Newswire/ -- At public hearings today on the buy-out of Blue Cross of California's parent-company, WellPoint Health Networks, by Anthem Inc., patients and taxpayers called on legislators and regulators to derail the dear aSACRAMENTO, Calif., July 9 /U.S. Newswire/ -- At public hearings today on...
WOODLAND HILLS, Calif.--BUSINESS WIRE--Oct. 27, 1998--Michael Nameth, general manager, WellPoint Pharmacy Management, Tuesday announced that the Pharmacy Benefits Management subsidiary of WellPoint Health Networks Inc. (NYSE: WLP), has renewed its contract with Blue Cross Blue Shield of Illinois.
WOODLAND HILLS, Calif. - As part of its continuing strategy to grow outside California, WellPoint Health Networks Inc. announced it is buying Cerulean Cos. Inc., Georgia's largest health insurer, for about $500 million in stock and cash. Cerulean, theWOODLAND HILLS, Calif. - As part of its...
WOODLAND HILLS, Calif.--BUSINESS WIRE--Feb. 20, 1996--Blue Cross of California BCC Tuesday announced that it entered into a definitive agreement with its for-profit subsidiary WellPoint Health Networks Inc. WellPoint for a recapitalization of WellPoint, and has asked the California Department of Corporations DOC for approval of the transaction in preparation for...
WOODLAND HILLS, Calif.--BUSINESS WIRE--Sept. 1, 1998--WellPoint Health Networks Inc. Tuesday dedicated its Woodland Hills campus and Blue Cross of California building to the memory of the late Judge Benjamin Aranda.
Blue Cross of California has created WellPoint Health Networks as a for-profit managed health care provider that will take over the non-profit health insurer's 423,000-member health maintenance organization and its 1.5 million-member preferred provider neBlue Cross of California has created WellPoint Health Networks as a for-profit managed health care provider...
Blue Cross and Blue Shield of Michigan remains in the fray to acquire Troy-based SelectCare Inc. The Blues, the state's dominant health insurer and claims administrator, are competing for SelectCare with Detroit-based Health Alliance Plan and Well Blue Cross and Blue Shield of...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/bab673/wellpoint_inc_bu) has announced the addition of the "WellPoint, Inc. Business Intelligence Report 2008" report to their offering. WellPoint, Inc. is the largest health benefits company in terms of commercial membership in the United States, serving approximately 34.8 million members as of December...
-- Net income was $1.60 per share in the third quarter of 2008 -- Medical membership grew by 63,000 members during the quarter and exceeded 35.3 million at September 30, 2008 -- Benefit expense ratio declined by 80 basis points from the second quarter 2008 ...
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