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Home > Fortune 500 Companies > Wellpoint Incorporation
Wellpoint Incorporation
Wellpoint Incorporation is a publicly traded company having a good stock performance result. Through its subsidiaries, operates as a commercial health benefits company in the United States. Wellpoint Incorporation is a fortune 500 stock listed company trading under WLP. It’s, formerly known as Anthem, Incorporation, and was established in 1944 and is headquartered in Indianapolis, Indiana.
It offers a variety of network based managed care plans to the large and small employer, individual, Medicaid, and senior markets. The company’s managed care plans include preferred provider organizations, point of service plans, health maintenance organizations, other hybrid plans, and traditional indemnity plans.
In addition, it provides different managed care services, including claims processing, underwriting, actuarial services, stop loss insurance, provider network access, medical cost management, and other administrative services to self funded customers. It also offers specialty and other products and services, including pharmacy benefit management, group life and disability insurance benefits, dental, vision, and behavioral health benefits, workers compensation, and long term care insurance.
Its activities also include Medicare processing business, including AdminaStar Federal and United Government Services, Arcus Enterprises, which works to develop means to promote quality care, well being, and education, intersegment revenue and expense eliminations, and corporate expenses. The company’s products are marketed through a network of independent agents and brokers and through in house sales force.
It serves individuals and small employers, large employers, and seniors and Medicaid recipients, in addition to the needs of educational and public entities, federal employee health and benefit programs, national employers and state-run programs servicing low-income, and high-risk and under-served markets.
Wellpoint Incorporation reported 2005 total revenue of 45.136 billion dollars. Total revenue from 2005 does not include any revenue from Wellchoice, Incorporation, which merged, with WellPoint at the end of 2005.
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