WellPoint, Inc. (NYSE: WLP) announced today that its Board of Directors
declared a quarterly dividend to shareholders for the second quarter of
2013 of $0.375 per share. The dividend is payable on June 25, 2013, to
shareholders of record at the close of business on June 10, 2013.
About WellPoint, Inc.
At WellPoint, we believe there is an important connection between our
members’ health and well-being—and the value we bring our customers and
shareholders. So each day we work to improve the health of our members
and their communities. And, we can make a real difference since we have
nearly 36 million people in our affiliated health plans, and nearly 68
million people served through our subsidiaries. As an independent
licensee of the Blue Cross and Blue Shield Association, WellPoint serves
members as the Blue Cross licensee for California; and as 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 and Empire
Blue Cross Blue Shield, or Empire Blue Cross (in the New York service
areas). We also serve customers in several additional states through our
Amerigroup subsidiary and in certain markets through our CareMore
subsidiary. Our 1-800 CONTACTS, Inc. subsidiary offers customers online
sales of contact lenses, eyeglasses and other ocular products.
Additional information about WellPoint is available at www.wellpoint.com.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM
ACT OF 1995
WellPoint and its representatives may from time to time make written
and oral forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 (PSLRA), including statements
in this press release, in presentations, filings with the Securities and
Exchange Commission, or SEC, reports to shareholders and in meetings
with analysts and investors. The projections referenced in this press
release are forward-looking and they are intended to be covered by the
safe harbor for “forward-looking statements” provided by PSLRA. Words
such as “expect(s)”, “feel(s)”, “believe(s)”, “will”, “may”,
“anticipate(s)”, “intend”, “estimate”, “project” and similar expressions
are intended to identify forward-looking statements, which generally are
not historical in nature. These statements include, but are not limited
to, financial projections and estimates and their underlying
assumptions; statements regarding plans, objectives and expectations
with respect to future operations, products and services; and statements
regarding future performance. Such statements are subject to certain
risks and uncertainties, many of which are difficult to predict and
generally beyond our control, that could cause actual results to differ
materially from those expressed in, or implied or projected by, the
forward-looking information and statements. These risks and
uncertainties include: those discussed and identified in our public
filings with the SEC; increased government participation in, or
regulation or taxation of, health benefits and managed care operations,
including, but not limited to, the impact of the Patient Protection and
Affordable Care Act and the Health Care and Education Reconciliation Act
of 2010; trends in health care costs and utilization rates; our ability
to secure sufficient premium rates including regulatory approval for and
implementation of such rates; our ability to contract with providers
consistent with past practice; our ability to integrate and achieve
expected synergies and operating efficiencies in the AMERIGROUP
Corporation and 1-800 CONTACTS, Inc. acquisitions within the expected
timeframes or at all and to successfully integrate our operations, as
such integrations may be more difficult, time consuming or costly than
expected, revenues following the transactions may be lower than
expected, and operating costs, customer loss and business disruption,
including, without limitation, difficulties in maintaining relationships
with employees, customers, clients and suppliers, may be greater than
expected following the transactions; competitor pricing below market
trends of increasing costs; reduced enrollment, as well as a negative
change in our health care product mix; risks and uncertainties regarding
Medicare and Medicaid programs, including those related to
non-compliance with the complex regulations imposed thereon and funding
risks with respect to revenue received from participation therein; a
downgrade in our financial strength ratings; litigation and
investigations targeted at our industry and our ability to resolve
litigation and investigations within estimates; medical malpractice or
professional liability claims or other risks related to health care
services provided by our subsidiaries; risks inherent in selling
healthcare products in the consumer retail market; our ability to
repurchase shares of our common stock and pay dividends on our common
stock due to the adequacy of our cash flow and earnings and other
considerations; non-compliance by any party with the Express Scripts,
Inc. pharmacy benefit management services agreement, which could result
in financial penalties, our inability to meet customer demands, and
sanctions imposed by governmental entities, including the Centers for
Medicare and Medicaid Services; events that result in negative publicity
for us or the health benefits industry; failure to effectively maintain
and modernize our information systems and e-business organization and to
maintain good relationships with third party vendors for information
system resources; events that may negatively affect our licenses with
the Blue Cross and Blue Shield Association; possible impairment of the
value of our intangible assets if future results do not adequately
support goodwill and other intangible assets; intense competition to
attract and retain employees; unauthorized disclosure of member
sensitive or confidential information; changes in the economic and
market conditions, as well as regulations that may negatively affect our
investment portfolios and liquidity; possible restrictions in the
payment of dividends by our subsidiaries and increases in required
minimum levels of capital and the potential negative effect from our
substantial amount of outstanding indebtedness; general risks associated
with mergers and acquisitions; various laws and provisions in our
governing documents that may prevent or discourage takeovers and
business combinations; future public health epidemics and catastrophes;
and general economic downturns. Readers are cautioned not to place undue
reliance on these forward-looking statements that speak only as of the
date hereof. Except to the extent otherwise required by federal
securities law, we do not undertake any obligation to republish revised
forward-looking statements to reflect events or circumstances after the
date hereof or to reflect the occurrence of unanticipated events.
Readers are also urged to carefully review and consider the various
disclosures in our SEC reports.
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