INDIANAPOLIS, Sept. 9 WellPoint, Inc. (NYSE: WLP) announced today it will begin marketing its 2010 Medicare Advantage and 2010 Medicare Part D health benefit plans effective Oct. 1, 2009. WellPoint will begin enrolling beneficiaries in its Medicare Advantage and Medicare Part D health benefit plans on Nov. 15, 2009 for the 2010 contract year.
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The Centers for Medicare and Medicaid Services (CMS) has determined that WellPoint has corrected deficiencies and has lifted marketing and enrollment sanctions on Medicare Advantage and certain Medicare Part D products. WellPoint will not receive new low income subsidy auto-assigned members, however, low income subsidy members can again choose WellPoint products during the upcoming Annual Enrollment Period.
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WellPoint is pleased to once again offer Medicare Advantage and Medicare Part D products along with Medicare Supplement products to Medicare beneficiaries.
In addition, WellPoint has received approval from CMS for its 2010 benefit plans and is working with the broker community to educate them about WellPoint's new product designs and benefit changes.
"We are committed to providing Medicare beneficiaries the choices they expect and deserve including innovative coordinated care programs that help to manage information between providers and focus on our member's total well-being," said Brian Sassi, Executive Vice President and Chief Executive Officer of WellPoint's Consumer Business. "Additionally, in an effort to promote wellness for our members, we offer a number of innovative wellness programs including an exercise program specifically designed for our Medicare beneficiaries' unique health and physical needs."
WellPoint views the Senior business as a growth opportunity for the company and is committed to offering Medicare eligible beneficiaries Medicare Supplement, Medicare Advantage and Medicare Part D health benefit plans. WellPoint's health benefit plans are designed to meet the needs of today's Medicare members as well as the nearly 80 million baby boomers who will become Medicare eligible by 2030.
About WellPoint, Inc.
WellPoint works to simplify the connection between Health, Care and Value. We help to improve the health of our communities, deliver better care to members, and provide greater value to our customers and shareholders. WellPoint is the nation's largest health benefits company, with more than 34 million members in its affiliated health plans. 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.), Wisconsin; and through UniCare. Additional information about WellPoint is available at www.wellpoint.com.
SOURCE WellPoint, Inc.
