|WellPoint Enters FORTUNE 100; #93 Ranking Marks Fifth Consecutive Year of Growth|
THOUSAND OAKS, Calif.--(BUSINESS WIRE)--March 25, 2004--WellPoint (NYSE:WLP), the nation's second largest health plan, has been ranked #93 on FORTUNE magazine's 2004 FORTUNE 500 list of America's largest corporations. For the fifth consecutive year, since making the list in 1999, WellPoint improved its ranking, up 10 places from the 2003 ranking.
"The consistent and measured growth WellPoint has achieved reflects the Company's success in understanding our customers' needs and providing them with quality products and innovative services," said WellPoint's Chairman and Chief Executive Officer Leonard D. Schaeffer. Fueling this success is a rigorous planning process rooted in financial and operational integrity. Schaeffer added, "Adhering to business fundamentals helps us anticipate and meet our customer's changing needs and is the cornerstone of the WellPoint business process."
The success of WellPoint's performance was recognized earlier this year by FORTUNE magazine when it named WellPoint as America's Most Admired Healthcare Company for an unprecedented sixth consecutive year. In January 2004, Forbes magazine named WellPoint to their 2004 Platinum 400 Honor Roll of the 25 best managed companies in America.
WellPoint Health Networks Inc. serves the health care needs of more than 15 million medical members and approximately 46 million specialty members nationwide through Blue Cross of California, Blue Cross Blue Shield of Georgia, Blue Cross Blue Shield of Missouri, Blue Cross Blue Shield of Wisconsin, HealthLink and UNICARE. Visit WellPoint on the Web at www.wellpoint.com. Blue Cross of California, Blue Cross Blue Shield of Georgia, Blue Cross Blue Shield of Missouri and Blue Cross Blue Shield of Wisconsin are independent licensees of the Blue Cross and Blue Shield Association.
CONTACT: WellPoint Health Networks Inc. Ken Ferber, 805-557-6794 SOURCE: WellPoint Health Networks Inc.