WellPoint to Reorganize Into Four Business Units

Health insurer WellPoint plans to reorganize into four business units, one of the first moves announced by interim CEO John Cannon, who took helm of the organization in August, according to a Bloomberg report.

Under the plan, the company will organize into separate units for Medicaid, Medicare, commercial and individual coverage. James Carlson, CEO of Amerigroup, which WellPoint announced plans to acquire in July, will oversee WellPoint’s Medicaid business. Leeba Lessin will lead the Medicare unit, Lori Beer will lead the specialty unit and Kenneth Goulet will lead the commercial and individual units, according to the report.

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