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WellPoint Inc. Business Intelligence Report
Knowledge Source Inc., Sep 2006, Pages: 376
Our BusIntell Report provides the information and analysis you need on WellPoint, Inc. to gain an understanding of what makes the company the nation's leading health benefits company, and the largest health plan-owned PBM in the country. The BusIntell Report provides the following sections: Health Insurance Industry Overview, Pharmacy Benefit Management Overview, Medicare Prescription Drug Program Overview, Company Overview, Corporate Strategy, Internet Activities, Company Executives, Financial and Statistical Information, detailed Lines of Business, and Sources.
WellPoint, Inc. is the largest publicly traded commercial health benefits company in terms of membership in the United States, serving approximately 34 million medical members. WellPoint, Inc. (WellPoint) is an independent licensee of the Blue Cross Blue Shield Association. WellPoint serves its members as the Blue Cross licensee for California and as the Blue Cross and Blue Shield, or 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 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. WellPoint also serves its members throughout various parts of the United States as UniCare. WellPoint is licensed to conduct insurance operations in all 50 states through its subsidiaries and Puerto Rico through an affiliate. WellPoint’s customer base primarily includes large groups with 51 to 4,999 eligible employees (48% of its medical members at December 31, 2005), and individuals under age 65 and small groups of one to 50 eligible employees, also known as ISG (17% of its medical members as of December 31, 2005). Other major customer types include National Accounts (multi-state employer groups with 5,000 or more employees), BlueCard Host (enrollees of non-owned BCBS plans who receive benefits in our BCBS markets), Senior (over age 65 individuals enrolled in Medicare Supplement or Medicare Advantage policies) and State Sponsored Programs (primarily Medicaid and State Children’s Health Insurance Plans).
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