WellPoint, Inc., through its subsidiaries, operates as a commercial health benefits company in the United States. It offers various 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, health maintenance organizations, point-of-service plans, traditional indemnity plans, and other hybrid plans, including consumer-driven health plans, hospital only, and limited benefit products. WellPoint also provides various managed care services, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, and medical cost management services. In addition, it offers specialty and other products and services comprising pharmacy benefit management; specialty pharmacy; life and disability insurance benefits; dental, vision, and behavioral health benefits; and long-term care insurance and flexible spending accounts. Further, WellPoint serves as an intermediary providing administrative service for the Medicare program that offers coverage for persons who are 65 or older and for persons who are disabled or with end-stage renal disease. The company markets its products through a network of independent agents and brokers, as well as through in-house sales force. WellPoint was founded in 1944. It was formerly known as Anthem, Inc. and changed its name to WellPoint, Inc. in 2004. The company is based in Indianapolis, Indiana. Analysts' Recommendation: Buy 30 Days Ago: Buy Analysts' Target: $64 Analysts' Targets Banc of America Securities $60 Market Performer Thursday, August 21, 2008 Lehman Brothers $59 Overweight Thursday, July 24, 2008 Deutsche Bank Securities $70 Accumulate Thursday, April 24, 2008 BMO Capital Markets $54 Market Perform Thursday, April 24, 2008 UBS Securities $75 Add Tuesday, March 11, 2008
$49.02 (09/06/08)
