wellpoint inc (AE1) Details

WellPoint, Inc., a health benefits company, through its subsidiaries, offers network-based managed care plans to large and small employer, individual, Medicaid, and senior markets in the United States. The company operates through three segments: Commercial, Consumer, and Other. Its managed care plans include preferred provider organizations, health maintenance organizations, point-of-service plans, traditional indemnity plans, and other hybrid plans, including consumer-driven health plans, and hospital only and limited benefit products. The company also provides various managed care services comprising claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs, and other administrative services to self-funded customers. In addition, it offers specialty and other insurance products and services, including behavioral health benefit services; dental, vision, life, and disability insurance benefits; radiology benefit management; analytics-driven personal health care guidance; and long-term care insurance. Further, the company sells contact lenses, eyeglasses, and other ocular products through telephone and Internet sites; and serves as a financial intermediary, carrier, and Medicare administrative contractor providing administrative services for the Medicare program that provides coverage for persons who are 65 or older, and for persons who are disabled or with end-stage renal diseases. WellPoint, Inc. markets its products through a network of independent agents and brokers, consultants, and in-house sales force. The company was founded in 1944 and is headquartered in Indianapolis, Indiana.

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