Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
KAPUSTAY REBECCA A
   2. Issuer Name and Ticker or Trading Symbol
WELLPOINT INC [WLP] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP
(Last)
(First)
(Middle)
120 MONUMENT CIRCLE		 3. Date of Earliest Transaction (Month/Day/Year)
12/01/2004
(Street)

INDIANAPOLIS, IN 46204		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/01/2004   M   16,534 A $ 34.92 135,652 D  
Common Stock 12/01/2004   F   9,296 D $ 101.33 126,356 D  
Common Stock 12/01/2004   M   6,247 A $ 62.9 132,603 D  
Common Stock 12/01/2004   F   4,664 D $ 101.33 127,939 D  
Common Stock 12/01/2004   M   1,952 A $ 51.21 129,891 D  
Common Stock 12/01/2004   F   986 D $ 101.33 128,905 D  
Common Stock 12/01/2004   M   3,626 A $ 27.57 132,531 D  
Common Stock 12/01/2004   F   986 D $ 101.33 131,545 D  
Common Stock 12/01/2004   M   8,461 A $ 59.98 140,006 D  
Common Stock 12/01/2004   F   6,155 D $ 101.33 133,851 D  
Common Stock 12/01/2004   M   1,668 A $ 59.98 135,519 D  
Common Stock 12/01/2004   F   1,213 D $ 101.33 134,306 D  
Common Stock 12/01/2004   M   38,885 A $ 59.98 173,191 D  
Common Stock 12/01/2004   F   28,285 D $ 101.33 144,906 D  
Common Stock 12/01/2004   M   1,665 A $ 59.98 146,571 D  
Common Stock 12/01/2004   F   1,211 D $ 101.33 145,360 D  
Common Stock 12/01/2004   M   68,198 A $ 55.1 213,558 D  
Common Stock 12/01/2004   F   47,414 D $ 101.33 166,144 D  
Common Stock 12/01/2004   M   34,254 A $ 54.85 200,398 D  
Common Stock 12/01/2004   F   23,758 D $ 101.33 176,640 D  
Common Stock 12/01/2004   M   20,666 A $ 51.21 197,306 D  
Common Stock 12/01/2004   F   13,838 D $ 101.33 183,468 D  
Common Stock 12/01/2004   M   404 A $ 59.98 183,872 D  
Common Stock 12/01/2004   F   293 D $ 101.33 183,579 D  
Common Stock 12/01/2004   A   25,000 A $ 109.1 208,579 D  
Common Stock               40 I 401(k)
Common Stock               132 I IRA
Common Stock               7,136 I By huband
Common Stock               111,810 I Rebecca A. Kapustay 1999 Trust

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 34.92 12/01/2004   M     16,534 06/04/2001 06/03/2011 Common Stock 16,534 $ 0 582,276 D  
Employee Stock Option (right to buy) $ 101.33 12/01/2004   A   9,296   12/01/2004 06/03/2011 Common Stock 9,296 $ 0 591,572 D  
Employee Stock Option (right to buy) $ 62.9 12/01/2004   M     6,247 09/01/2003 02/11/2010 Common Stock 6,247 $ 0 585,325 D  
Employee Stock Option (right to buy) $ 101.33 12/01/2004   A   4,664   12/01/2004 02/11/2010 Common Stock 4,664 $ 0 589,989 D  
Employee Stock Option (right to buy) $ 51.21 12/01/2004   M     1,952 02/07/2002 02/06/2012 Common Stock 1,952 $ 0 588,037 D  
Employee Stock Option (right to buy) $ 101.33 12/01/2004   A   986   12/01/2004 02/06/2012 Common Stock 986 $ 0 589,023 D  
Employee Stock Option (right to buy) $ 27.57 12/01/2004   M     3,626 02/11/2000 02/10/2010 Common Stock 3,626 $ 0 585,397 D  
Employee Stock Option (right to buy) $ 101.33 12/01/2004   A   986   12/01/2004 02/10/2010 Common Stock 986 $ 0 586,383 D  
Employee Stock Option (right to buy) $ 59.98 12/01/2004   M     8,461 09/01/2002 02/10/2010 Common Stock 8,461 $ 0 577,922 D  
Employee Stock Option (right to buy) $ 101.33 12/01/2004   A   6,155   12/01/2004 02/10/2010 Common Stock 6,155 $ 0 584,077 D  
Employee Stock Option (right to buy) $ 59.98 12/01/2004   M     1,668 09/01/2002 02/10/2010 Common Stock 1,668 $ 0 582,409 D  
Employee Stock Option (right to buy) $ 101.33 12/01/2004   A   1,213   12/01/2004 02/10/2010 Common Stock 1,213 $ 0 583,622 D  
Employee Stock Option (right to buy) $ 59.98 12/01/2004   M     38,885 09/01/2002 02/10/2009 Common Stock 38,885 $ 0 544,737 D  
Employee Stock Option (right to buy) $ 101.33 12/01/2004   A   28,285   12/01/2004 02/10/2009 Common Stock 28,285 $ 0 573,022 D  
Employee Stock Option (right to buy) $ 59.98 12/01/2004   M     1,665 09/01/2002 02/11/2008 Common Stock 1,665 $ 0 571,357 D  
Employee Stock Option (right to buy) $ 101.33 12/01/2004   A   1,211   12/01/2004 02/11/2008 Common Stock 1,211 $ 0 572,568 D  
Employee Stock Option (right to buy) $ 55.1 12/01/2004   M     68,198 02/05/2003 02/04/2013 Common Stock 68,198 $ 0 504,370 D  
Employee Stock Option (right to buy) $ 101.33 12/01/2004   A   47,414   12/01/2004 02/04/2013 Common Stock 47,414 $ 0 551,784 D  
Employee Stock Option (right to buy) $ 54.85 12/01/2004   M     34,254 03/01/2003 01/31/2011 Common Stock 34,254 $ 0 517,530 D  
Employee Stock Option (right to buy) $ 101.33 12/01/2004   A   23,758   12/01/2004 01/31/2011 Common Stock 23,758 $ 0 541,288 D  
Employee Stock Option (right to buy) $ 51.21 12/01/2004   M     20,666 02/07/2002 02/06/2012 Common Stock 20,666 $ 0 520,622 D  
Employee Stock Option (right to buy) $ 101.33 12/01/2004   A   13,838   12/01/2004 02/06/2012 Common Stock 13,838 $ 0 534,460 D  
Employee Stock Option (right to buy) $ 59.98 12/01/2004   M     404 09/01/2002 01/04/2002 Common Stock 404 $ 0 534,056 D  
Employee Stock Option (right to buy) $ 101.33 12/01/2004   A   293   12/01/2004 01/04/2005 Common Stock 293 $ 0 534,349 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
KAPUSTAY REBECCA A
120 MONUMENT CIRCLE
INDIANAPOLIS, IN 46204		       EVP  

Signatures

 Nancy Purcell, Attorney-in-fact   12/03/2004
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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