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Published on 2/2/2009 in the Prospect News Investment Grade Daily.

Fitch gives WellPoint notes A-

Fitch Ratings said it has assigned an A- rating to WellPoint, Inc.'s issuance of senior unsecured notes.

The outlook remains negative.

Fitch said that it expects proceeds from the debt issuance to be used as prefunding for maturities and potential refinancing occurring over the course of 2009 and for general corporate purposes.

Fitch added that it revised WellPoint's outlook to negative on March 11, reflecting lower earnings expectations for WellPoint for 2008, driven primarily by higher than expected medical cost trends, lower than expected fully insured enrollment, and the effects of weakening economic conditions, including lower income from investments.


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