Financials

Wellmark, Inc. and Subsidiaries Condensed Consolidated Balance Sheet

December 31, 2012 and 2011

 

Assets 2012  2011
 

(Dollars in Thousands)

Cash and Investments

$1,741,494

$1,541,419

Premium Receivables

$203,603

$193,369

Other Receivables

$77,111

$73,077

Real Estate

$230,172

$241,229

Equipment

$46,913

$56,278

Other Assets

$53,941

$66,152

   Total Assets

$2,353,234

$2,171,524

Liabilities and Reserves    
Unpaid Claims

$424,451

$400,752

Unearned Premiums $246,215 $226,512
Other Liabilities

$227,260

$247,352

Debt Payable $101,000 $101,000
   Total Liabilities $998,926 $975,616
Total Reserves

$1,354,308

$1,195,908

   Total Liabilities and Reserves

$2,353,234

$2,171,524

 

As derived from the consolidated audited financial statements of Wellmark, Inc. and Subsidiaries.

 

 

The Blue Cross and Blue Shield Association  licenses Wellmark, Inc. to offer certain products and services under the BLUE CROSS® and BLUE SHIELD® brand names. Wellmark, Inc. is an independent organization governed by its own board of directors and solely responsible for its own debts and other obligations. Neither the Association nor any other organization using the BLUE CROSS® and BLUE SHIELD® brand names acts as a guarantor of Wellmark, Inc.’s obligations.

 
 
© Wellmark, Inc. All Rights Reserved.
Wellmark Blue Cross and Blue Shield is an Independent Licensee of the Blue Cross and Blue Shield Association doing business in Iowa and South Dakota.
 
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