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WellPoint Named To DiversityInc List Of Top 50 Companies For Diversity

Stocks in this article: WLP

WellPoint, Inc. (NYSE: WLP) announced today that it was named to the 2014 DiversityInc Top 50 Companies for Diversity, ranking 29 th on this year’s list. This marks WellPoint’s seventh consecutive appearance on the DiversityInc Top 50 list since 2008, which includes companies from a wide range of industries whose leadership, procurement practices, communications and training best reflect the reality of the rapidly changing face of America.

The company also received special recognition for placing in The DiversityInc Top 10 lists of Companies for Supplier Diversity (#3) and Companies for People with Disabilities (#7).

"The health-insurance company moves up 11 spots with an increased emphasis on talent development and supplier diversity. Diversity goals are tied to executive-performance reviews, including increasing female and racial/ethnic representation in management. Achievement of supplier-diversity goals is tied to the compensation of the CEO, executive leaders, and supplier-diversity and procurement associates,” said DiversityInc CEO Luke Visconti.

With the changing landscape in health care WellPoint recognizes the increasing importance of addressing the needs of its diverse consumers as more individuals continue to access health care services through the Affordable Care Act. “Having diverse associates and leaders who understand the unique needs of our consumers allows us to implement business solutions that effectively address the diverse health care needs, preferences and cultural values of the communities we serve,” said Joseph Swedish R. Swedish, WellPoint’s chief executive officer. “WellPoint’s ranking among the Top 50 Companies for Diversity is evidence of our effort to leverage the tremendous value that a diverse workforce and supplier base present to our business.”

“Now more than ever, closing health disparity gaps depends upon our ability to know our customers, develop products and programs that meet their unique needs, and to serve them in a culturally competent way,” said Tracy Edmonds, chief diversity officer at WellPoint. “This recognition is a testament to our commitment to the diverse families and individuals who rely on us for access to health benefits and services.”

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