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Customers
- Wellmark Blue Cross and Blue Shield
- Mutual insurance company owned by its policyholders
- Covers 1.8 million Iowan & 300,000 South Dakotans
- Member of the Blue Cross Blue Shield Association
- National network that insures more than 100 million Americans
How Premium Dollars Are Spent
Click the dollar bill graphic for more detailed information:
Wellmark does not attempt to use future premiums to make up for past losses. Premium increases are used to match revenue with the expenses we expect in the future.
Ratings (2009)
Wellmark is veiwed positively by the nation's leading financial rating agencies:
- Wellmark, Inc., Wellmark of South Dakota, Inc., and Wellmark Health Plan of Iowa, Inc., are all rated "A" (Excellent) by A.M. Best Company - view the report
 (219KB)
- Wellmark, Inc., has a financial security rating of "A+" (Strong) from Standard and Poor's
Locations
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Iowa |
South Dakota |
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Headquarters
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636 Grand Avenue
Des Moines, Iowa 50309
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1601 W. Madison
Sioux Falls, South Dakota
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Other State Locations
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Cedar Rapids
Sioux City
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Rapid City
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Employees (As of August 2008)
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Iowa |
South Dakota |
Total |
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Employees
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1,739
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299
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2,038 |
Wellmark Companies and Affiliates
Iowa and South Dakota:
- Wellmark, Inc., doing business as Wellmark Blue Cross and Blue Shield of Iowa.
- Wellmark of South Dakota, Inc., doing business as Wellmark Blue Cross and Blue Shield of South Dakota.
- Wellmark Health Plan of Iowa, Inc.
- The Wellmark Foundation, a private foundation that supports health improvement initiatives in Iowa and South Dakota.
- Wellmark also provides third-party administration and insurance services through subsidiaries located in Iowa and South Dakota.
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