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WellPoint Reports Fourth Quarter and Full Year 2008 Results
Date:1/28/2009

bank overdrafts 44.8 (117.1) Repurchase and retirement of common stock (3,276.2) (6,151.4) Proceeds from exercise of employee stock options and employee stock purchase plan 121.2 784.5 Excess tax benefits from share-based compensation 16.0 153.3 Net cash used in financing activities (3,735.6) (3,409.9) Change in cash and cash equivalents (584.0) 165.8 Cash and cash equivalents at beginning of year 2,767.9 2,602.1 Cash and cash equivalents at end of year $2,183.9 $2,767.9 WellPoint, Inc. Reconciliation of Medical Claims Payable Year Ended December 31 (In millions) 2008 2007 2006 Gross medical claims payable, beginning of period $5,788.0 $5,290.3 $4,853.4 Ceded medical claims payable, beginning of period (60.7) (51.0) (27.7) Net medical claims payable, beginning of period 5,727.3 5,239.3 4,825.7 Business combinations and purchase adjustments - 15.2 (6.4) Net incurred medical claims: Current year 47,940.9 46,366.2 42,613.2 Prior years (redundancies) (1) (263.2) (332.7) (617.7) Total net incurred medical claims 47,677.7 46,033.5 41,995.5 Net payments attributable to: Current year medical claims 42,020.7 40,765.7 37,486.0 Prior years medical
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SOURCE WellPoint, Inc.
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