Fitch affirms WellPoint

Fitch Ratings said it affirmed the long-term issuer default rating of WellPoint, Inc. at A and has affirmed the insurer financial strength ratings of WellPoint's operating subsidiaries at AA-.

The outlook remains negative.

Fitch said that the rating action considers developments related to WellPoint's operating performance in the first quarter of 2008 and continuing challenges expected for the remainder of the year.

Primary drivers of weaker operating performance in 2008 include higher than expected medical cost trends, lower than expected fully insured enrollment and the effects of weakening economic conditions, the agency added.

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