Anthem Blue Cross 2006 Annual Report Download - page 27

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Specialty companies
WellPoint has a number of specialty companies
that provide a full range of benefits and services
to our health plan and other customers, such as:
Pharmacy Benefit Management (PBM) NextRx
is the nation’s fourth-largest PBM, with approximately
393 million prescriptions in 2006. PrecisionRx
Specialty Solutions serves members with special
pharmaceutical needs. In 2006, the number of
such prescriptions more than doubled.
Vision and Dental With approximately 2 million
members, WellPoint has one of the largest vision
networks in the United States. WellPoint is also the
nation’s seventh-largest dental benefits provider.
Behavioral Health WellPoint’s behavioral health
company is the third-largest owned by a health plan.
Life and Disability With more than 75,000 group
customers and approximately 6 million members,
WellPoint’s affiliated life companies collectively
constitute the twelfth-largest group life carrier in
the country. WellPoint companies also make up the
nation’s largest group life insurance carrier in the
under-100 employees market.
Other subsidiaries
WellPoint has other subsidiaries providing a variety
of products and services:
National Government Services administers government
health benefits programs, primarily Medicare. WellPoint
is the nation’s largest Medicare contractor, handling
more than 208 million Medicare claims in 2006.
Health Management Corporation (HMC) is a leader in
the management of chronic illnesses such as diabetes,
asthma, and coronary artery disease. HMC provides a
broad array of health and wellness programs, including
disease management, health coaching, specialty care
management and worksite wellness to our customers
and other health plans.
HealthCore employs a staff of health care experts
who analyze years of patient data (with no personal
identifiers) representing millions of lives. Their research
provides important evidence that supports our quality
of care initiatives.
Social responsibility
Our corporate foundations have total net assets of
nearly $183 million, ranking among the nation’s top
corporate foundations.
The WellPoint Foundation paid out approximately
$20 million in grants in 2006.
WellPoint’s 2006-2007 Associate Giving Campaign
resulted in associate and Foundation matching grants
of $20.7 million to community causes.
WellPoint has created or funded independent
charitable foundations in many states we serve,
with billions of dollars in assets.
WellPoint’s Social Responsibility Report is available
online at www.wellpoint.com.
In 2006 BusinessWeek magazine
ranked WellPoint #2 of the 50 best-performing
public corporations in the Standard & Poor’s 500.
In 2007 WellPoint ranked
#1 on Fortune magazine’s list
of America’s Most Admired
Companies in health insurance
and managed care.