Anthem Blue Cross 2009 Annual Report Download

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Delivering solutions
2009 SUMMARY ANNUAL REPORT

Table of contents

  • Page 1
    Delivering solutions 2009 SUMMARY ANNUAL REPORT

  • Page 2
    ... benefits company, we are in a unique position to make a major positive impact on the challenges facing the health care system today. That's what we are doing, right now. Delivering real solutions. Working to make quality health care more affordable, more accessible and simpler to manage. Helping...

  • Page 3
    I want to spend more time with my patients. Access to high-quality hospitals and doctors is a priority. ADRIAN DOUGLASS, MD Physician W E L L P O I N T, I N C . 1

  • Page 4
    I just want to dribble the ball in soccer without being short of breath. Access to the right asthma medication is important to me. DECLAN MCLAUGHLIN Member 2 W E L L P O I N T, I N C .

  • Page 5
    I want to be able to play with my kids. Access to health care programs is a necessity. ANNETTE ADAMS Member W E L L P O I N T, I N C . 3

  • Page 6
    I want to balance what is good for our employees and our company. Providing affordable health care benefits is a top priority. HENRY J. DUDEK Customer 4 W E L L P O I N T, I N C .

  • Page 7
    I want to live my life to the fullest. Finding ways to stay healthy is more important to me now than ever. JOHN HICKS Senior Member W E L L P O I N T, I N C . 5

  • Page 8
    I have to meet the needs of my clients. My customers demand affordable access to health care. BRYAN BRENNER Broker 6 W E L L P O I N T, I N C .

  • Page 9
    I want to ensure all babies are born healthy. Partners that care about the community will make a real difference. TANYA HANN Director, March of Dimes W E L L P O I N T, I N C . 7

  • Page 10
    ...accompanying notes and Management's Discussion and Analysis of Financial Condition and Results of Operations included in WellPoint's 2009 Annual Report on Form 10-K. Certain prior year amounts have been reclassified to conform to current year presentation. TOTAL REVENUE TOTAL MEDICAL MEMBERSHIP In...

  • Page 11
    ... and our shareholders. We are dedicated to our mission of improving the lives of the people we serve and the health of our communities. Whether it was a customer seeking more affordable benefit options or a member needing help managing a chronic condition, WellPoint delivered real solutions to the...

  • Page 12
    ... local depth in our markets, the quality of our brand, or our broad networks of providers, we believe WellPoint is the best-positioned health benefits company in the country. We should benefit as the economy improves because we remain very attractive to both employer groups and individual customers...

  • Page 13
    ... depends on putting our customers first. In this way we will fulfill our mission to improve the lives of the people we serve and the health of our communities, something that inspires WellPoint associates and me every day. Angela F. Braly Chair of the Board, President and Chief Executive Officer...

  • Page 14
    Cost is perhaps the single biggest challenge in health care today. At WellPoint, we know that to avoid compromising quality, the solution is in a combination of prevention and efficiency. We're supporting both with a variety of programs designed to improve awareness, encourage healthy choices and ...

  • Page 15
    ... programs nationwide afford health care by waiving drug co-pays and providing free access to important home tests, such as blood glucose monitors. Reduced costs, educational materials and important outreach by health educators and pharmacist consultations have helped members change their behaviors...

  • Page 16

  • Page 17
    ... the importance of the Health Footprint and to deliver tips that can help you improve your score. To calculate yours, visit connects.anthem.com. The Vision Van is driven to local communities across the country, giving children access to free eye care and eye glasses. W E L L P O I N T, I N C . 15

  • Page 18
    The highest quality health care is of much less value if it's not accessible to those who need it most. Accessibility is central to what WellPoint seeks to offer - with a range of innovative programs and benefits, we're working to help make sure members and communities have the resources they ...

  • Page 19
    .... That's why WellPoint is sponsoring , a comprehensive online resource that NCOA's BenefitsCheckUp® provides members of WellPoint's affiliated health plans access to 1,500 benefits programs throughout all 50 states and the District of Columbia. I N T E G R AT E D C A R E MANAGEMENT Employers want...

  • Page 20
    ... and confusing times in a person's life. WellPoint's breast cancer care program is designed to give members guidance and information that will increase communications between the caregiver and the patient. In addition, WellPoint recently collaborated with the American Cancer Society to study...

  • Page 21

  • Page 22
    In health care, complexity is the enemy of quality. In 2009, WellPoint continued to create new ways to make it simpler, for members and providers alike, to maintain healthy lives. From online tools to home delivery programs, to investments that create wider offerings from a single source, we are ...

  • Page 23
    ... medical home initiatives enable C A R E C O M PA R I S O N Making informed health care decisions are keys to improving well-being, decreasing costs and increasing access to affordable, quality health care. Care Comparison is an industry-leading e-tool that is giving members across the country...

  • Page 24

  • Page 25
    ... this innovative system save time, it removes costs from the health care system and gives doctors more time to spend with their patients. The right medications at the right time can help members avoid medication errors and improve their quality of life. It's easy, organized, monitored and above all...

  • Page 26
    ... SUBSIDIARIES WellPoint works to simplify the connection between Health, Care and Value. We help to improve the health of our communities, deliver better care to members, and provide greater value to our customers and shareholders. WellPoint is the nation's largest health benefits company, with...

  • Page 27
    ...® Members of Blue plans not owned by WellPoint who receive health care services in our Blue plan states. Specialty We offer Integrated Life, Disability, Vision and Dental products which provide administrative efficiency and enhanced product value. Federal Employee Program (FEP) United States...

  • Page 28
    ... to corporate and social responsibility aligns inherently with the principles of the company's mission. We work to improve the lives of the people we serve and the health of our communities through our foundation, our community relations, our associates' volunteerism and sustainability programs...

  • Page 29
    ... of addressing preventable health concerns through strategic choices. The Foundation also matches funds pledged to six specific non-profit organizations focused on health and human services through the company's annual associate giving campaign. One of the country's largest corporate foundations...

  • Page 30
    ...and the health of our communities, WellPoint recognizes the importance environmental health has on personal health and wellness. We have "green" teams leading initiatives in offices across the country toward a commitment of providing efficient working conditions for employees, reducing our corporate...

  • Page 31
    ... Total assets Liabilities and shareholders' equity Liabilities Current liabilities Policy liabilities Medical claims payable Reserves for future policy benefits Other policyholder liabilities Total policy liabilities Unearned income Accounts payable and accrued expenses Income tax payable Security...

  • Page 32
    ... an after-tax gain of $2.4 billion resulting from the sale of the NextRx pharmacy benefit management subsidiaries. The information presented above should be read in conjunction with the audited financial statements and accompanying notes included in WellPoint's 2009 Annual Report on Form 10-K. 30...

  • Page 33
    ... of) proceeds from short-term borrowings Repayment of long-term borrowings Changes in securities lending payable Changes in bank overdrafts Repurchase and retirement of common stock Proceeds from exercise of employee stock options and employee stock purchase plan Excess tax benefits from share-based...

  • Page 34
    ..., M.D. Executive Vice President, Clinical Health Policy and Chief Medical Officer Brian A. Sassi Executive Vice President, President and CEO, Consumer Business Jackie M. Ward Retired CEO, Warren Y. Jobe â-² Computer Generation Former Senior Vice President, Incorporated Southern Company John...

  • Page 35
    ... Blue Cross and Blue Shield Association, WellPoint serves members as the Blue Cross licensee for California; the Blue Cross and Blue Shield licensee for Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri (excluding 30 counties in the Kansas City area), Nevada, New Hampshire, New York...

  • Page 36
    WellPoint, Inc. 120 Monument Circle Indianapolis, IN 46204-4903 www.wellpoint.com