Company Profile: WellPoint Inc (WLP)

Like B. B. King but without the guitar, health benefits provider WellPoint is the king of the Blues. Through its subsidiaries, the firm provides health coverage, primarily under the Blue Cross and Blue Shield (BCBS) name, to about 34 million members. The largest health insurer in the US, it is a Blue Cross or BCBS licensee in more than a dozen states and provides plans under the Unicare name in other parts of the country. WellPoint offers a broad range of managed care plans (including PPO, HMO, indemnity, and hybrid plans) to employers, individuals, and Medicare and Medicaid recipients. It also provides administrative services to self-insured groups, as well as specialty insurance products

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