Cobalt Corporation Subsidiary, TrustSolutions, LLC, Awarded Contract Expansion and Adds Jobs.

Business Editors/Health/Medical Writers

MILWAUKEE--(BUSINESS WIRE)--July 11, 2003

TrustSolutions, LLC, a subsidiary of Cobalt Corporation, announced today it was awarded a three-state expansion to its current contract, extending its anti-fraud and abuse services jurisdiction to include Medicare Part B in Wisconsin, Minnesota, and Michigan. The one-year contract, with four additional one-year options, was effective July 1, 2003 and has estimated annual revenue of $1.75 million. TrustSolutions will also expand its workforce in Wisconsin and Michigan.

"We are very excited to be expanding the services we provide throughout the Midwest," said Tim Cullen, Chairman of the Board for Government Health Services, the holding company over TrustSolutions. "Moreover, we are pleased to be adding 14 jobs in Milwaukee and five in the Detroit area."

Under its Program Safeguard Contract with the Department of Health and Human Services, TrustSolutions utilizes a variety of techniques to identify and recover inappropriate Medicare payments made to health care providers and to identify practices that violate Medicare regulations. TrustSolutions also works with Federal law enforcement agencies to investigate those few health care providers who egregiously violate Medicare rules.

"This expansion provides an opportunity for TrustSolutions to keep developing the quality services that it offers, and to build upon the success we have already had in the short-period of time since October 2002 when our operations began," said Cullen. TrustSolutions is led by Joanne Houillon who serves as the Executive Director.

TrustSolutions is a wholly owned subsidiary of Government Health Services, LLC (GHS). It is headquartered in Milwaukee, Wisconsin with offices in California, Virginia, and Michigan. TrustSolutions identifies and researches allegations of fraud or abuse in the Medicare program for certain health care services that span all 50 states and U.S. Territories. More information can be found at www.trustsolutionsllc.com.

Government Health Services is a wholly owned subsidiary of Cobalt Corporation. Cobalt and WellPoint Health Networks Inc., based in Thousand Oaks, Calif., announced on June 3, 2003 that the companies signed a definitive merger agreement and the government subsidiaries housed within Cobalt would continue to be run out of their Milwaukee headquarters.

Cobalt Corporation is an independent licensee of the BlueCross BlueShield Association, and holds the exclusive license to use the Blue Cross and Blue Shield names and marks in the state of Wisconsin. Cobalt is one of four publicly traded Blue Cross and Blue Shield companies. Headquartered in Milwaukee, Wis., Cobalt Corporation (NYSE:CBZ) offers a diverse portfolio of complementary insurance, managed care products and administrative services to employer, individual, insurer and government customers. For more information, visit our Web site at www.cobaltcorporation.com.