Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Goulet Kenneth R
2. Date of Event Requiring Statement (Month/Day/Year)
10/15/2007
3. Issuer Name and Ticker or Trading Symbol
WELLPOINT INC [WLP]
(Last)
(First)
(Middle)
120 MONUMENT CIRCLE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Pres & CEO Comm and EVP
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

INDIANAPOLIS, IN 46204
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 19,794.2
D
 
Common Stock 8,051.26
I
Stock units held in 401(k) plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy)   (1) 06/27/2014 Common Stock 6,681 $ 44.9 D  
Employee Stock Option (Right to Buy)   (2) 06/27/2014 Common Stock 34,652 $ 44.9 D  
Employee Stock Option (Right to Buy)   (3) 04/04/2015 Common Stock 34,662 $ 63.36 D  
Employee Stock Option (Right to Buy)   (4) 03/01/2016 Common Stock 29,333 $ 76.59 D  
Employee Stock Option (Right to Buy)   (5) 03/01/2017 Common Stock 46,667 $ 80.81 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Goulet Kenneth R
120 MONUMENT CIRCLE
INDIANAPOLIS, IN 46204
      Pres & CEO Comm and EVP  

Signatures

Nancy L. Purcell, Attorney-in-Fact 10/25/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) Options vested as follows: 2,227 each on 6/28/05, 6/28/06 and 6/28/07.
(2) Options vested as follows: 6,040 each on 6/28/05 and 6/28/07; 8,266 on 12/28/05; 6,038 on 6/28/06; 8,268 on 12/28/06.
(3) Options vest(ed) as follows: 5,777 each on 10/4/05, 4/4/06, 10/4/06, 4/4/07, 10/4/07 and 4/4/08.
(4) Options vest(ed) as follows: 4,888 on 9/1/06; 4,889 each on 3/1/07, 9/1/07, 3/1/08, 9/1/08 and 3/1/09.
(5) Options vest(ed) as follows: 7,777 on 9/1/07; 7,778 each on 3/1/08, 9/1/08, 3/1/09, 9/1/09 and 3/1/10.

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