Last $115.25 USD
Change Today -0.19 / -0.16%
Volume 1.2M
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As of 8:04 PM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

120 Monument Circle

Indianapolis, IN 46204

United States

Phone: 317-488-6000


WellPoint, Inc. operates as a health benefit company in the United States. The company served 35.7 medical members through its affiliated health plans and approximately 67.8 individuals through subsidiaries, as of December 31, 2013. The company offers network-based managed care health benefit plans to large and small employer, individual, Medicaid and senior markets. The company is an independent licensee of the Blue Cross and Blue Shield Association (BCBSA), an association of independent health benefit plans. It serves 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 (as BCBS in 10 New York City metropolitan and surrounding counties, and as Blue Cross or BCBS in selected upstate counties only), Ohio, Virginia (excluding the Northern Virginia suburbs of Washington, D.C.) and Wisconsin. In a majority of these service areas the company does business as Anthem Blue Cross, Anthem Blue Cross and Blue Shield, Blue Cross and Blue Shield of Georgia, and Empire Blue Cross Blue Shield, or Empire Blue Cross (in New York service areas). The company also conducts business through AMERIGROUP Corporation subsidiary, in Florida, Georgia, Kansas, Louisiana, Maryland, Nevada, New Jersey, New York, Tennessee, Texas and Washington. The company also serves customers throughout the country as HealthLink, UniCare, and in certain Arizona, California, Nevada, New York and Virginia markets through its CareMore Health Group, Inc., or CareMore, subsidiary. The company is licensed to conduct insurance operations in all 50 states through subsidiaries. Segments The company’s segments include Commercial and Specialty Business, Government Business, and Other. The Commercial and Specialty Business and Government Business segments offer a diversified mix of managed care products, including Preferred Provider Organizations (PPOs), Health Maintenance Organizations (HMOs), traditional indemnity benefits and Point-of-Service (POS) plans, as well as various hybrid benefit plans including Consumer-Driven Health Plans (CDHPs), hospital only and limited benefit products. The Commercial and Specialty Business segment includes Local Group, National Accounts, Individual and Specialty businesses. Business units in the Commercial and Specialty Business segment offer fully-insured products; provide an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services; and provide an array of specialty and other insurance products and services such as 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. The Government Business segment includes Medicare and Medicaid businesses, National Government Services (NGS), and services provided to the Federal Government in connection with Federal Employee Program (FEP). Medicare business includes services such as Medicare Advantage, Medicare Part D, and Medicare Supplement, while Medicaid business includes its managed care alternatives through publicly funded health care programs, including Medicaid, state Children’s Health Insurance Programs (CHIP), and Medicaid expansion programs. NGS acts as a Medicare contractor in several regions across the nation. Products and Services PPO: PPO products offer the member an option to select any health care provider, with benefits reimbursed by the company at a higher level when care is received from a participating network provider. Coverage is subject to co-payments or deductibles and coinsurance, with member cost sharing usually limited by out-of-pocket maximums. CDHPs: CDHPs provide consumers with increased financial responsibility, choice and control regarding how their health care dollars are spent. Traditional Inde


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Price/Earnings 14.1x
Price/Sales 0.5x
Price/Book 1.3x
Price/Cash Flow 12.7x
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