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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
November 11, 2003 at 07:00 PM
NU Online News Service, Nov. 11, 2003, 8:56 a.m. EST – WellPoint Health Networks Inc., Thousand Oaks, Calif., has used a subsidiary, WellPoint Horizons, to acquire Health Core Inc., Newark, Del.
Health Core, a privately held company founded in 1996, studies the effects of new drugs, medical devices and other technologies on health outcomes.
The value of the deal and other terms are not available.
WellPoint, a managed care company that provides or administers health insurance for 14 million people, notes that it created its Horizons subsidiary earlier this year to acquire 18% of an international travel and health insurance services company.
WellPoint recently agreed to be acquired by a smaller managed care company, Anthem Inc., Indianapolis.
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