Since their creation in 1992, WellPoint Inc. has combined with and acquired many organizations. In 1995, WellPoint and Health Systems International, announced they were going to merge. Terms of the merge would mean the new company would operate under the Blue Cross name, and would consist of a California HMO with 4.4 million members and $6 billion in annual revenue. The expected outcome of the merge was to save WellPoint around $200 million a year. However, the deal fell through when HSI and WellPoint disagreed about who would have full control over the future of the new company. In 1995, WellPoint ac...
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...employment increases, laid off workers lose access to employer-based health care. This subsequent decrease in health care expenditure impacts health care providers and the health care industry at large by decreasing their membership. As a result, health insurers have seen a decrease in growth in net income and operating earnings, especially in its health care market.
Forbes.com, LLC 2010. "Forbes.com." 20 03 2011. Forbes.com - Investments. 20 03 2011
Mergent Online. Mergent Online. 2011. 20 03 2011
Reuters. 23 2 2011. 20 03 2011
WellPoint, Inc. WellPoint Inc. 2005-2009. 20 03 2011
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