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Company Profile For WellPoint, Inc.

WellPoint, Inc. (WLP.N) (New York Stock Exchange)
sector: Financials · industry: Insurance - Life & Health ·
As of  1:03am IST
55.15USD
Price Change
+0.63
Percent Change
+1.16%
 
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Overview

WellPoint, Inc. (WellPoint) is a health benefits company serving 35 million medical members, as of December 31, 2008. The Company is an independent licensee of the Blue Cross and Blue Shield Association (BCBSA), an association of independent health benefit plans. It serves its members as the Blue Cross licensee for California and as the Blue Cross and Blue Shield (BCBS), licensee for Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri (excluding 30 counties in the Kansas City area), Nevada, New Hampshire, New York, Ohio, Virginia, and Wisconsin. In a majority of these service areas, it does business as Anthem Blue Cross, Anthem Blue Cross Blue Shield or Empire Blue Cross Blue Shield. The Company also serves its members throughout the country as UniCare. WellPoint is licensed to conduct insurance operations in all 50 states through its subsidiaries. In April 2008, the Company acquired Resolution Health, Inc. and DeCare Dental.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, WellPoint, Inc.'s revenues decreased less than 1% to $45.98B. Net income decreased 7% to $2B. Revenues reflect a decrease in income from Commercial Business segment and lower income from Consumer Business segment. Net income also reflects a substantial increase in total selling, general & administrative expenses and higher impairment of intangible assets.

Company Address

WellPoint, Inc.
120 Monument Circle
Indianapolis   IN   46204
P: +1317.5326000

Total Employees

42900

Find Out More About WLP.N

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