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In 1992, WellPoint was formed to operate Blue Cross of California's managed care business. [25] In January 1993, Blue Cross of California spun off its managed care business into a publicly traded entity, WellPoint Health Networks Inc. Blue Cross of California retained an 80% interest and voting control. [26] [27]
Amerigroup is an American health insurance and managed health care provider. Amerigroup covers 7.7 million seniors, people with disabilities, low-income families and other state and federally sponsored beneficiaries, and federal employees in 26 states, making it the nation's largest provider of health care for public programs. [1]
Angela Fick Braly (born July 2, 1961) is an American executive. She served as president and chief executive officer of WellPoint (now Elevance Health), a large U.S.-based provider of health insurance, and was a member of the company's board of directors.
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WellPoint was recently ranked 249th on the 2008 Deloitte Technology Fast 500, [10] a ranking of the 500 fastest growing technology, media, telecommunication and life sciences companies in North America; 28th on the Canadian Technology Fast 50, [11] a ranking of the 50 fastest growing technology firms in Canada; 6th in the Over $20 Million Group for Alberta Venture's 2009 Fast Growth 50 list, a ...
CareMore introduced a number of Special Needs Plans in 2007 that were aimed at high-cost, high-need patients with chronic diseases. By 2010, CareMore had expanded to Northern California, Arizona, and Nevada. Serving over 50,000 patients, CareMore was acquired by WellPoint – now Anthem – in 2011 for $800 million.
From January 2008 to December 2012, if you bought shares in companies when Jacquelyn Ward joined the board, and sold them when he left, you would have a -15.9 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
In U.S. health insurance, a preferred provider organization (PPO), sometimes referred to as a participating provider organization or preferred provider option, is a managed care organization of medical doctors, hospitals, and other health care providers who have agreed with an insurer or a third-party administrator to provide health care at ...