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About Wellmark
Industries
Healthcare
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Des Moines, Iowa
Founded
1939
Overview
Wellmark offers health insurance services in Iowa and South Dakota, providing a variety of plans for individuals, families, and employers, including Medicare Advantage options. The company collects premiums from its members to cover medical claims and operational costs, while also offering additional services like health trend analysis for employers. Wellmark distinguishes itself through its commitment to customer satisfaction and inclusivity, as reflected in its perfect score in the Corporate Equality Index. The company's goal is to effectively meet the diverse health coverage needs of its clients while promoting corporate responsibility.
Simplify's Take
What believers are saying
- Wellmark's partnership with Evio addresses high-cost medications effectively.
- Telehealth expansion offers Wellmark growth opportunities in remote healthcare solutions.
- Value-based care models can reduce costs and improve care quality for Wellmark.
What critics are saying
- Increased competition from digital health platforms may erode Wellmark's market share.
- Rising healthcare costs could strain Wellmark's financial resources.
- Direct-to-consumer telehealth services may reduce Wellmark's relevance in some segments.
What makes Wellmark unique
- Wellmark offers specialized Medicare Advantage and Supplement Insurance options.
- The company has a perfect score in the Corporate Equality Index.
- Wellmark is recognized for its leadership in healthcare management.
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Benefits
Medical and prescription drug coverage
Dental coverage
Vision plan
Compensation: comprised of two components: base pay or annual salary, and potential pay from the Performance Incentive Program (PIP), awarded annually when financial and customer measures are successfully achieved.
Financial Benefits: competitive financial benefits through a generous 401(k) savings and investment plan.
Educational assistance
Pathways to Wellness incentives
Employee Assistance Program
Time off
Company News
DENVER, March 6, 2025 /PRNewswire/ -- Evio Pharmacy Solutions proudly announces the addition of Wellmark Blue Cross and Blue Shield as its sixth investor and owner health plan. This new partnership is an exciting development for Evio as the company welcomes its first new investor since its establishment four years ago.Wellmark, a member-owned independent licensee of the Blue Cross Blue Shield Association, serves more than two million people in Iowa and South Dakota. Wellmark, known for its innovative approaches and commitment to making health care better, will further Evio's mission to deliver differentiated pharmacy care.Evio works with health plans to transform the medication experience for everyone: patients, providers, employers, and the pharmacy system at large. Utilizing real-world evidence analytics, innovative medication contracting models, and a suite of digital tools, Evio aims to ensure every patient can access the right medication for their unique situation, from the beginning, in a simple and affordable way."Our board and I are thrilled to welcome Wellmark to help drive our transformative agenda," said Hank Schlissberg, chief executive officer of Evio. "Having established a compelling vision, a phenomenal team, and a track record of measurable impact, Evio was open to new partners for the first time. When we evaluated potential additions, Wellmark quickly rose to the top
The Keep Iowa Beautiful Corporation Award goes to Wellmark for supporting community development efforts and collaboratively identifying challenges and opportunities for Iowa's rural communities.
The Dave Thomas Foundation for Adoption recently recognized Wellmark as one of the 100 best adoption-friendly workplaces in the U.S.
Wellmark was named Top Insurance Company in three Best of the Best lists and earned a five-star rating from the Centers for Medicare & Medicaid Services (CMS) for health plans, which rates providers for quality.
Recently Community Care Center in Stuart partnered with the American Heart Association and Wellmark to host a new cardiac program.
Wellmark is Hiring for 23 Jobs on Simplify!
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About Wellmark
Industries
Healthcare
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Des Moines, Iowa
Founded
1939
Wellmark is Hiring for 23 Jobs on Simplify!
Find jobs on Simplify and start your career today