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WellPoint

Company nameWellPoint Inc.
Company typePublic
IndustryHealth Insurance
FoundedAnthem Insurance and WellPoint Health Networks merger in 2004
HeadquartersIndianapolis, Indiana, USA
Key peopleAngela Braly - President & CEO
ProductsBlue Cross Blue Shield
Revenue(+) US$61.3 Billion (FY 2009)
Net income(+) US$2.49 Billion (FY 2009)
Total assets(-) US$48.4 Billion (FY 2009)
Total equity(-) US$21.4 Billion (FY 2009)
Employees42,000+

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WellPoint, Inc. (Nyse - WLP) is the largest health plan company in the Blue Cross and Blue Shield Association. It was formed when WellPoint Health Networks, Inc. merged into Anthem, Inc., with the surviving Anthem adopting the name, WellPoint, Inc. and began trading its common stock under the WLP symbol on December 1, 2004.

On April 13, 2009 it was announced that WellPoint had reached a definitive agreement under which St. Louis based Express Scripts will acquire WellPoint's NextRx subsidiaries for $4.675 billion.

Express Scripts, the United States' third largest Pharmacy Benefit Management organization, is expected to officially close the transaction in the second quarter of 2009.


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