Blue Cross/WellPoint Profit Transfers in California Should Spur National Investigation in Congress, Says Consumer Watchdog

Wednesday, February 24, 2010 General News
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BCC Dividends to

WellPoint(1)

BC L&H Dividends To WellPoint

BCC Excess Tangible Net Equity(2)

BC L&H Surplus(3)

BCC Management Agreements & Service Contracts With Affiliates(4)

BCC Total Affiliate Company Distributions(5)

2003

$300 million

Not available

$986.4 million

N/A

$2.1 billion

$2.4 billion

2004

$350 million

$165 million(6)

$1.35 billion

$550.7 million

$2.7 billion

$3.1 billion

2005

$518 million

$195 million(7)

$1.6 billion

$657.8 million

$2.9 billion

$3.4 billion

2006

$538 million

$207.2 million(8)

$1.7 billion

$757.1 million

$2 billion

$2.6 billion

2007

$949.8 million

$238.1 million(9)

$1.5 billion

$887.4 million

$2.2 billion

$3.2 billion

2008

$575 million

$325 million(10)

$856.1 million

$755.1 million

Not available(11)

Not available(12)

2009

$525 million

$194.5 million(13)

$1.03 billion

Not available

Not available

Not available

2010

Not available

Not available

Not available

Not available

Not available

Not available



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