WellPoint (WLP)

Q4 2010 Earnings Call

January 26, 2011 8:30 am ET


Ken Goulet - Chief Executive Officer of Commercial Business Unit, President of Commercial Business Unit and Executive Vice President

Michael Kleinman - Staff Vice President of Investor Relations

Brian Sassi - Executive Vice President, Chief Executive Officer of Consumer Business Unit and President of Consumer Business Unit

Angela Braly - Chairman, Chief Executive Officer, President and Chairman of Executive Committee

Wayne Deveydt - Chief Financial Officer, Head of Investor Relations and Executive Vice President


Ana Gupte - Bernstein Research

Joshua Raskin - Barclays Capital

Peter Costa - Wells Fargo Securities, LLC

Justin Lake - UBS Investment Bank

Matthew Borsch - Goldman Sachs Group Inc.

Scott Fidel - Deutsche Bank AG

Charles Boorady - Crédit Suisse AG

Carl McDonald - Citigroup Inc

John Rex - JP Morgan Chase & Co

Michael Baker - Raymond James & Associates



Ladies and gentlemen, thank you for standing by. Welcome to the WellPoint, Inc. Fourth Quarter Results Conference Call. [Operator Instructions] I would now like to turn the conference over to the company's management. Please go ahead.

Michael Kleinman

Good morning, and welcome to WellPoint Fourth Quarter Earnings Conference Call. I'm Michael Kleinman, Vice President of Investor Relations. With me this morning are Angela Braly, our Chair, President and Chief Executive Officer; and Wayne Deveydt, Executive Vice President and Chief Financial Officer. Angela will begin this morning's call with an overview of our fourth quarter and full-year 2010 results, actions and accomplishments. Wayne will then offer a detailed review of our financial performance, capital management and current guidance, which will be followed by a question-and-answer session.

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