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WellPoint completes $6.5b purchase of N.Y.'s WellChoice.


WellPoint Inc. said it has completed its $6.5 billion acquisition of WellChoice Inc., the parent company of Empire Blue Cross Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. , the largest health insurer In New York.

With the merger complete, Indianapolis-based WellPoint Inc., the largest U.S. health insurer based on membership, said it has about 34 million medical members through its Blue Cross or Blue Cross and Blue Shield operations in 14 states and its non-Blue branded operations in other states.

WellChoice brought to WellPoint more than 5 million members in a market that includes New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, 10 downstate down·state  
n.
The southerly section of a state in the United States.

adv. & adj.
To, from, or in the southerly section of a state.



down
 counties and selected counties in upstate New York Upstate New York is the region of New York State north of the core of the New York metropolitan area. It has a population of 7,121,911 out of New York State's total 18,976,457. Were it an independent state, it would be ranked 13th by population. .
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Title Annotation:Companies
Publication:Best's Review
Article Type:Brief Article
Date:Feb 1, 2006
Words:103
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