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Headquarters:
120 Monument Circle
Indianapolis, IN 46204
Employees: 48,200
CEO: Joseph Swedish
Stock Symbol: WLP
Website: http://www.wellpoint.com
WellPoint is the nation's leading health benefits company serving the needs of 35.7 million members nationwide and more than 67.8 million people through all of its subsidiaries.
As an independent licensee of the Blue Cross and Blue Shield Association, WellPoint serves members as the Blue Cross licensee for California; the Blue Cross and Blue Shield licensee for Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri (excluding 30 counties in the Kansas City area), Nevada, New Hampshire, New York (as the Blue Cross Blue Shield licensee in 10 New York City metropolitan and surrounding counties and as the Blue Cross or Blue Cross Blue Shield licensee 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, WellPoint s plans do 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 the New York service areas).
WellPoint 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. In 2013, the company reported revenues of $70.19 billion, a 16% increase, and net income of $2.48 billion. Medical enrollment totaled 35.7 million members at December 31, 2013, a decrease of approximately 477,000 members, or 1.3 percent, from 36.1 million at December 31, 2013. Commercial enrollment decreased by 234,000, as attrition in the National and Individual markets was partially offset by growth in Local Group business. Membership in the Medicaid and Medicare businesses declined by 142,000 and 108,000, respectively. In 2014, WellPoint sold 1-800 CONTACTS to private equity firm Thomas Lee Partners and Glasses.com to eyewear maker Luxottica. The company announced plans to change its name to Anthem Inc. by next year. History WellPoint was formed when WellPoint Health Networks Inc. and Anthem, Inc. merged on Nov. 30, 2004. WellPoint Health Network Inc.'s predecessor was Blue Cross of California, which was founded in 1982 with the consolidation of Blue Cross of Northern California (established in 1936) and Blue Cross of Southern California (established in 1937). WellPoint was formed in 1992 to operate Blue Cross of California's managed care business. In 1993, Blue Cross of California spun off its managed care business into a separate publicly traded entity, WellPoint Health Networks Inc. In 1996, Blue Cross of California completed the conversion of all its business to for-profit status, resulting in a restructuring that designated WellPoint Health Networks Inc. as the parent organization. Anthem, Inc. grew out of two Indianapolis-based corporations formed in 1944 and 1946 as mutual insurance companies. Those two companies were created to provide health insurance to residents of Indiana as Blue Cross of Indiana and Blue Shield of Indiana. They eventually merged to form Blue Cross and Blue Shield of Indiana. In October 2001, Anthem demutualized and conducted an initial public offering of common stock. WellPoint acquired WellChoice of New York for $6.5 billion in a deal that closed at the end of 2005. WellChoice was the parent of Empire Blue Cross Blue Shield, the biggest health insurance firm in New York with over 4.8 million members. Benefits - Medical Coverage - HealthCare Advocate PPO, PowerHealth Fund PPO and HMO options Updated November 25, 2014
- Dental Coverage - Standard Dental, Enhanced Dental or Dental HMO (in CA & WI only)
- Vision Coverage
- Life Insurance - Associate, spouse/partner and child life
- Accidental Death & Dismemberment
- Short-term and Long-term Disability
- Flexible Spending Accounts - Health Care and Dependent Day Care
- Paid Time-off - 17 PTO days, 10 Company Holidays
- Employee Assistance and Work/Life Program - Professional assistance with personal problems and child care/elder care referral services.
- Tuition Assistance - Up to $3,000 each year for WellPoint job-related courses at accredited colleges, universities and other regionally accredited schools.
- Work-On-Wellness - Company reimbursement for membership in a Health Club, Smoking Cessation or Weight Management program, up to $35 each month.
- Nurse Counselors On Call - Nurse counseling service available 24 hours a day, 7 days a week.
- Business Casual Dress Policy
- Commuter Programs - Car Pool incentives and Van Pools available at some WellPoint locations.
- 401(k) Retirement Savings Plan - 100% Company match after 1 year of service, on first 6% of contributions.
- Employee Stock Purchase Plan - Semi-annual WellPoint stock offerings with a discount of 15%.