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4-Traders Homepage  >  Equities  >  Nyse  >  WellPoint Inc    WLP

End-of-day quote. End-of-day quote  - 12/03
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WellPoint, Inc. : WellPoint Contributing to Storm Relief Efforts

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03/23/2012 | 03:41pm CET

$50,000 grant for American Red Cross Spring Storms fund

INDIANAPOLIS - March 23, 2012 - To help communities across the Midwest recover from severe storms and tornados, WellPoint today announced that its corporate foundation has granted $50,000 to the American Red Cross 2012 Spring Storms fund.  The Red Cross is using the funds to provide food, shelter and other relief to impacted individuals and families in states such as Indiana, Illinois, Kentucky, Missouri and Ohio. 

"The men and women of WellPoint are committed to improving the lives of the people we serve and the health of our communities," said Lance Chrisman, executive director of the WellPoint Foundation. "Our hearts go out to those affected by the recent severe weather, and we thank the Red Cross for all they are doing to provide comfort and support when it is needed the most."

WellPoint, its foundation and associates are longstanding supporters of the Red Cross, and the organization is one of six charities included in the company's Associate Giving Campaign.  In 2011, pledges from WellPoint associates, combined with a 50 percent match from the WellPoint Foundation, resulted in Red Cross chapters receiving more than $500,000 through the annual campaign.  Also last year, the WellPoint Foundation made a $100,000 donation to the Red Cross for storm relief efforts in Georgia, Virginia and Missouri.  In recognition of this ongoing support, the Red Cross has named the WellPoint Foundation a member of its Annual Disaster Giving Program. 

Additional information about WellPoint, its community work and disaster relief efforts can be found at http://www.wellpointcorporateresponsibility.com.

About WellPoint
WellPoint works to simplify the connection between Health, Care and Value. We help to improve the health of our members and our communities, and provide greater value to our customers and shareholders. WellPoint is one of the nation's largest health benefits companies, with 34 million members in its affiliated health plans, and a total of more than 65 million individuals served through its subsidiaries. As an independent licensee of the 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 (as the Blue Cross Blue Shield licensee in 10 New York City metropolitan and surrounding counties and as the Blue Cross or Blue Cross Blue Shield licensee in selected upstate counties only), Ohio, Virginia (excluding the Northern Virginia suburbs of Washington, D.C.), and Wisconsin. In a majority of these service areas, WellPoint's plans do business as Anthem Blue Cross, Anthem Blue Cross and Blue Shield, Blue Cross and Blue Shield of Georgia, Empire Blue Cross Blue Shield, or Empire Blue Cross (in the New York service areas). WellPoint also serves customers throughout the country as UniCare and in certain California, Arizona and Nevada markets through our recently acquired CareMore Health Group, Inc. subsidiary. Additional information about WellPoint is available at www.wellpoint.com.

About WellPoint Foundation
The WellPoint Foundation is the philanthropic arm of WellPoint, Inc. and through charitable contributions and programs, the Foundation promotes the inherent commitment of WellPoint, Inc. to enhance the health and well-being of individuals and families in communities that WellPoint, Inc. and its affiliated health plans serve. The Foundation focuses its funding on strategic initiatives that address and provide innovative solutions to health care challenges, as well as promoting the Healthy Generations Program, a multi-generational initiative that targets specific disease states and medical conditions. These disease states and medical conditions include: prenatal care in the first trimester, low birth weight babies, cardiac morbidity rates, long term activities that decrease obesity and increase physical activity, diabetes prevalence in adult populations, adult pneumococcal and influenza vaccinations and smoking cessation. The Foundation also coordinates the company's annual associate giving campaign and provides a 50 percent match of associates' campaign pledges.www.wellpointfoundation.org.

Jill A. Becher | Corporate Media Relations Director| WellPoint, Inc.| N17 W24340 Riverwood Drive, Waukesha, WI 53188 | 262.523.4764 (tel) | 414.234-1573(mobile) | jill.becher@wellpoint.com
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This press release was issued by WellPoint Inc. and was initially posted at http://ir.wellpoint.com/phoenix.zhtml?c=130104&p=irol-newsArticle&ID=1675893&highlight= . It was distributed, unedited and unaltered, by noodls on 2012-03-23 15:37:15 PM. The issuer is solely responsible for the accuracy of the information contained therein.

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Financials ($)
Sales 2016 83 640 M
EBIT 2016 5 320 M
Net income 2016 2 529 M
Debt 2016 -
Yield 2016 1,77%
P/E ratio 2016 15,36
P/E ratio 2017 12,95
Capi. / Sales 2016 0,46x
Capi. / Sales 2017 0,44x
Capitalization 38 251 M
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Average target price 155 $
Spread / Average Target 7,0%
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NameTitle
Joseph R. Swedish Chairman, President & Chief Executive Officer
John E. Gallina Chief Financial Officer & Executive Vice President
Thomas Miller Chief Information Officer
Craig E. Samitt Chief Clinical Officer & Executive Vice President
Ramiro G. Peru Independent Director
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