WellPoint Inc (NYSE:WLP)

WellPoint, Inc. is a health benefits company. The company offers a spectrum of network-based managed care plans to the large and small employer, individual, Medicaid and senior markets. Its 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, and hospital only and limited benefit products. The company operates through three reportable segments: Commercial, Consumer and Other. The Commercial segment includes local group, national accounts and certain other ancillary business operations. Business units in the Commercial segment offer fully-insured products and provide a broad array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services. The Consumer segment includes senior, state-sponsored and individual businesses. The senior business includes services such as Medicare Advantage, Medicare Part D and Medicare Supplement, while the state-sponsored business includes its managed care alternatives for Medicaid and state children's health insurance plan programs. The Other segment includes the comprehensive health solutions business unit, which brings together its resources focused on optimizing the quality of health care and cost of care management. In addition, it provides a broad array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services. The company also provides specialty and other products and services, including life and disability insurance benefits, dental, vision, behavioral health benefit services, radiology benefit management, analytics-driven personal health care guidance, long-term care insurance and flexible spending accounts. WellPoint was founded on November 30, 2004 and is headquartered in Indianapolis, IN.