1. WellPoint's Blue Period May Be Over.
- Author
-
Freudenheim, Milt
- Subjects
- *
MERGERS & acquisitions , *HEALTH insurance , *NONPROFIT organizations - Abstract
Focuses on a deal by WellPoint to buy the owner of Empire Blue Cross Blue Shield in New York. How WellPoint has become the nation's largest health insurer by acquiring state Blue Cross providers; Reputation of Blue Cross as one of the premier brands in health insurance; Details of the agreement; Why future deals with Blue Cross in other states may be much harder to come by; How the remaining plans that WellPoint does not own or has not agreed to acquire are all nonprofit organizations; Background on WellPoint, which was created through the merger of WellPoint Health Networks and Anthem; Comments of Larry Glasscock, WellPoint's chief executive.
- Published
- 2005