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WellPoint Inc. (WLP)

-NYSE

77.81 May 22, 4:00PM EDT

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WellPoint Inc.
120 Monument Circle
Indianapolis, IN 46204
United States - Map
Phone: 317-488-6000
Fax: 317-488-6260
Website: http://www.wellpoint.com

Details 
Index Membership:N/A
Sector:Healthcare
Industry:Health Care Plans
Full Time Employees:43,500

Business Summary 

WellPoint, Inc., a health benefits company, through its subsidiaries, offers network-based managed care plans to large and small employer, individual, Medicaid, and senior markets in the United States. The company operates through three segments: Commercial, Consumer, and Other. 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 also provides various managed care services comprising claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs, and other administrative services to self-funded customers. In addition, it offers specialty and other insurance products and services, including behavioral health benefit services; dental, vision, life, and disability insurance benefits; radiology benefit management; analytics-driven personal health care guidance; and long-term care insurance. Further, the company sells contact lenses, eyeglasses, and other ocular products through telephone and Internet sites; and serves as a financial intermediary, carrier, and Medicare administrative contractor providing administrative services for the Medicare program that provides coverage for persons who are 65 or older, and for persons who are disabled or with end-stage renal diseases. WellPoint, Inc. markets its products through a network of independent agents and brokers, consultants, and in-house sales force. The company was founded in 1944 and is headquartered in Indianapolis, Indiana.

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Corporate Governance 
WellPoint Inc.’s ISS Governance QuickScore as of May 1, 2013 is 3. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 6; Compensation: 2.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Wayne S. Deveydt , 43
Chief Financial Officer and Exec. VP
1.40M1.08M
Mr. John Cannon III, 59
Gen. Counsel, Exec. VP and Chief Public Affairs Officer
1.97M0.00
Mr. Kenneth R. Goulet , 53
Exec. VP of Commercial, Individual and Marketing
1.40M0.00
Ms. Lori A. Beer , 45
Exec. VP of Specialty Bus.es and Information Technology
1.19M0.00
Mr. Richard C. Zoretic , 54
Exec. VP of Medicaid Programs and Pres of Medicaid Programs
4.32M0.00
Amounts are as of Dec 30, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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