WellPoint opens up in Shanghai, under the name of WPMI with 40 employees initially...earlier WellPoint stated they could also do a better job than the FDA does with monitoring hazardous combinations of drugs and treatments too...and will the citizens have to work with canceled policies and denied claims like we do here..."is the insurance market married to the mafia", to quote another publication today? In the recent news reflecting that the heparin drugs were made from a cheaper ingredient, will an insurance interest force more of this economic type of behavior in the background for the sake of saving money and greater profits...BD
WellPoint already provides benefits to roughly 35 million people in America, giving it the largest membership of any U.S. commercial health insurer.
Now, in its first foreign venture, the Indianapolis-based company is eying China, one of the world’s most rapidly growing economies.
WellPoint, in partnership with three other U.S. insurers, this month is opening an office in Shanghai to provide administrative services to Chinese-based insurance companies.
WellPoint opening Anthem office in China | IndyStar.com | The Indianapolis Star
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