According to reports, WellPoint, which is based in Indianapolis and the nation's biggest health insurer by enrollment, stated it may expand CareMore's creative strategies in all the states where WellPoint operates its business, also in Indiana.

CareMore Health Group, a profit based Medicare contractor, ventured into the practice of vehemently monitoring and treating chronically ill elderly patients in order to enhance their health, while “holding down” their medical bills, which are footed by the government.

Although, WellPoint didn't announce the financial details of the acquisition, it has been reported that it is paying up to $800 million for CareMore.

CareMore is said to have existed for 15 years and owned by the New York equity firm CCMP Capital Advisors, based in Cerritos, Calif., and has 1,200 employees at its offices, along with 26 health clinics in California, Arizona and Nevada.

Moreover, company Spokeswoman, Kristin Binns, has stated that the deal will place “WellPoint, whose roots are as a Blue Cross-Blue Shield insurer, into the business of running networks of primary-care clinics for the first time, as it has no health clinics in its 14 state service area, although the company employs 3,000 doctors, nurses and other clinicians, many of whom are involved in monitoring patient care”.