WellPoint, Inc. · Indianapolis, IN United States ·(NYSE: WLP)
Company Description
Phone: 317-532-6000
Fax: 317-488-6028
Rankings
- #250 in FT Global 500
- #32 in FORTUNE 500
- S&P 500
View WellPoint, Inc. Locations On A US Map
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Like B. B. King but without the guitar, health benefits provider WellPoint is the king of the Blues. Through its subsidiaries, the firm provides health coverage, primarily under the Blue Cross and Blue Shield (BCBS) name, to about 35 million members. The largest health insurer in the US, it is a Blue Cross or BCBS licensee in 14 states and provides plans under the Unicare name in other parts of the country. WellPoint offers a broad range of managed care plans (including PPO, HMO, indemnity, and hybrid plans) to employers, individuals, and Medicare and Medicaid recipients. It also provides administrative services to self-insured groups, as well as specialty insurance products. To read the full description, subscribe now.
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Key WellPoint, Inc. Financials
| Company Type | Public - NYSE: WLP Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $61,251.1 |
| 2008 Employees | 42,900 |
WellPoint, Inc. Executives
56 executives listed for WellPoint, Inc.'s Indianapolis, IN location.
| Title | Name & Bio | Contact |
| Chairman | Larry Glasscock | Network |
| President, CEO, and Director | Angela Braly | Network |
| EVP and CFO | Wayne DeVeydt | Network |
Competition
Competitive Landscape for WellPoint, Inc.
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top WellPoint, Inc. Competitors
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