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How Insurance Really Works, Courtesy of WellPoint

Give WellPoint credit for clarity, if nothing else. Its first-quarter earnings were terrible, but the company's outline of its plans to bounce back -- reasonable or not -- also offered a revealing window into how insurers actually think about the business of providing health coverage. With virtually...

Tags: Insurance Company, Health Care, Insurance, WellPoint, Vertical Industries, Benefits, Healthcare, Enterprise Software, Software, Human Resources, David P. Hamilton

Blog posts 2008-04-24

Insurers Face Mounting Troubles, Many of Their Own Making

Unhappy days are here again for health insurers, who are suddenly facing higher costs, customer-service problems and aggressive probes by state regulators, particularly in California. Some of these problems stem from unexpected events and simple business mistakes. But many reflect the inherent contradictions of an industry whose...

Tags: California, Insurance Company, UnitedHealth Group Inc., Health Care, WellPoint, Insurance, Vertical Industries, Benefits, Healthcare, Business Operations, Corporate Insurance, Enterprise Software, Software, Human Resources, David P. Hamilton

Blog posts 2008-04-09

BNET Dispatch: March 14, 2007

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...

Tags: Andrew Hines, WellPoint

Blog posts 2007-03-14

Additional Resources

WellPoint Web Sites Receive Six World Wide Web Health Awards

Awards include Best Interactive, Most Innovative, Health Promotion/Disease & Injury Prevention Information and Medicare Part D Decision Tool for Seniors & Patient Education Information INDIANAPOLIS, June 24 /PRNewswire/ -- WellPoint, Inc. today announced that it has received six World Wide Web Health Awards from the Health Information...

Articles 2008-06-24

WellPoint Appoints Raj G. Bal as President of Individual Business

INDIANAPOLIS, June 23 /PRNewswire-FirstCall/ -- WellPoint, Inc. today announced the appointment of Raj Bal as president of its Individual Business segment, effective July 8, 2008. In his new role, Bal will be responsible for leading WellPoint's Individual Business segment, which currently serves more than 2.5 million...

Articles 2008-06-23

/C O R R E C T I O N — WellPoint, Inc./

In the news release, WellPoint Appoints Raj G. Bal as President of Individual Business, issued earlier today by WellPoint, Inc. over PR Newswire, we are advised by the company that some biographical information concerning Mr. Bal was incorrect. Journalists are asked to replace the fourth and fifth paragraphs with...

Articles 2008-06-23

WellPoint NextRx Announces Results of Five State Pilot Program to Help Manage Insomnia

Program will be implemented in 14 plans INDIANAPOLIS, June 18 /PRNewswire-FirstCall/ -- WellPoint NextRx, the nation's largest health plan-owned pharmacy benefit management PBM subsidiary, announced today the results of a program to treat insomnia that was piloted in five states. The pilot program was designed to encourage...

Articles 2008-06-18

WellPoint Launches and Expands Maternity Depression Program

Awareness campaign targets new mothers in need of support INDIANAPOLIS, June 10 /PRNewswire/ -- WellPoint, Inc., today announced the launch and expansion of the Maternity Depression Program, offered by its affiliated health plans, which provides new moms with depression screenings, education, and support to help them obtain...

Articles 2008-06-10

Zacks Analyst Interview Highlights: Humana and WellPoint

CHICAGO -- Zacks.com releases the latest Analyst Interview. Today's interview is with senior analyst Chris Kallos, who discusses Humana (NYSE: HUM) and WellPoint (NYSE: WLP). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=2678. Where do you...

Articles 2008-06-10

WellPoint Announces Appearance at Upcoming Conference

INDIANAPOLIS, June 9 /PRNewswire-FirstCall/ -- WellPoint, Inc. announced today that senior management is scheduled to present at the Goldman Sachs 29th Annual Global Healthcare Conference on June 11, 2008, at 1:20 p.m. Pacific Daylight Time (4:20 p.m. Eastern Daylight Time). All interested parties are invited to...

Articles 2008-06-09

Landacorp Names Peggy O'Neill, RN, Manager, Marketing and Solutions

CHICO, Calif. -- Landacorp, a SHPS company, today announced the appointment of Peggy O'Neill, RN, to the new position of manager, marketing and solutions. O'Neill has more than 20 years of healthcare management experience, including 10 years at WellPoint, Inc, the nation's largest health benefits company. Prior to WellPoint, O'Neill...

Articles 2008-06-05

Study Finds Disparities in Breast Cancer Treatment Even Among Fully-Insured African-American and Caucasian Women

WellPoint's Health Outcomes Research Subsidiary HealthCore Presents Data on Contributing Factors and Steps that Could Be Taken to Improve Treatment of Women with Breast Cancer and Reduce Disparities INDIANAPOLIS, June 1 /PRNewswire-FirstCall/ -- HealthCore today presented a study [Abstract No: 6593] comparing treatment patterns and adherence to...

Articles 2008-06-01

WellPoint Announces Realignment of Operations, Technology and Government Services Unit

Mark Boxer to Retire from Company INDIANAPOLIS, May 28 /PRNewswire-FirstCall/ -- WellPoint, Inc. , today announced a realignment of its Operations, Technology and Government Services unit based on the retirement of Mark Boxer, president and chief executive officer of that organization. Effective July 1, 2008, Boxer will...

Articles 2008-05-28

Medica Names George Steinhoff to Position of Chief Technology Officer

MINNETONKA, Minn. -- Medica today announced the hire of George Steinhoff as chief technology officer, with overall responsibility for developing and implementing Medica's strategic information technology initiatives. His first day at Medica was Monday, April 28, 2008. Steinhoff brings to Medica more than 30 years of experience in...

Articles 2008-05-23

WellPoint, Inc., Recognized as One of Best Employers for Promoting Healthy Lifestyles

WellPoint's Associate Wellness Program Captures 2008 Gold Award INDIANAPOLIS, May 21 /PRNewswire-FirstCall/ -- WellPoint, Inc. today announced it was recognized as one of the best employers for healthy lifestyles by the National Business Group on Health NBGH. The national non- profit organization of large employers honored...

Articles 2008-05-21

Fitch Affirms WellPoint Inc.'s IDR at 'A'; Outlook Negative

CHICAGO -- Fitch Ratings has affirmed the Long Term Issuer Default Rating IDR of WellPoint, Inc. WellPoint at 'A', and has affirmed the Insurer Financial Strength IFS Ratings of WellPoint's operating subsidiaries at 'AA-'. A full list of WellPoint's ratings can be found below. The Rating Outlook remains Negative. ...

Articles 2008-05-19

WellPoint Foundation Pledges $100,000 to Aid in Disaster Relief Efforts in China and Myanmar

INDIANAPOLIS, May 19 /PRNewswire/ -- WellPoint Foundation, LLC, a private, non-profit organization wholly funded by WellPoint, Inc., today announced that it will contribute $100,000 to support relief efforts following the devastating earthquakes in China and the cyclone which struck Myanmar. "Immediately following natural disasters of this magnitude,...

Articles 2008-05-19

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...

Articles 2008-05-09

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,...

Articles 2008-05-07

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...

Articles 2008-05-05