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WellPoint Reports Second Quarter 2009 Results
Date:7/29/2009

l claims payable, beginning of period (60.3) (60.7) (60.7) (51.0) (27.7) ----- ----- ----- ----- ----- Net medical claims payable, beginning of period 6,124.4 5,727.3 5,727.3 5,239.3 4,825.7 Business combinations and purchase adjustments 2.8 - - 15.2 (6.4) Net incurred medical claims: Current year 23,980.0 24,308.4 47,940.9 46,366.2 42,613.2 Prior years (redundancies)(1) (719.7) (269.6) (263.2) (332.7) (617.7) ------ ------ ------ ------ ------ Total net incurred medical claims 23,260.3 24,038.8 47,677.7 46,033.5 41,995.5 Net payments attributable to: Current year medical claims 18,760.1 18,689.5 42,020.7 40,765.7 37,486.0 Prior years medical claims 4,778.6 4,865.4 5,259.9 4,795.0 4,089.5 ------- ------- ------- ------- ------- Total net payments 23,538.7 23,554.9 47,280.6 45,560.7 41,575.5 Net medical claims payable, end of period 5,848.8 6,211.2 6,124.4 5,727.3 5,239.3 Ceded medical claims, end of period 56.7 59.1 60.3 60.7 51.0 ---- ---- ---- ---- ---- Gross medical claims payable, end of period $5,905.5 $6,270.3 $6,184.7 $5,788.0 $5,290.3 ======== ======== ======== ======== ======== Current year medical claims paid as a percent of current year net incurred medical claims 78.2% 76.9% 87.7% 87.9% 88.0% Prior year redundancies in the current period as a percent of pri
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SOURCE WellPoint, Inc.
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