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 *   COLBY DAVID C 2. Date of Event Requiring Statement (Month/Day/Year) 11/30/2004 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) 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 921 I 401(k) Common Stock 3,366 I Irrevocable Trust Common Stock 252,665 I Colby Family Trust Common Stock 14,142 D Â

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
Deferred Comp Stock Units	  (1)	  (1)	Common Stock	13,736	$ 0	D	Â
Deferred Comp Stock Units	  (2)	  (2)	Common Stock	2,860	$ 0	D	Â
Deferred Comp Stock Units	  (3)	  (3)	Common Stock	10,600	$ 0	D	Â
Employee Stock Option (right to buy)	  (4)	08/31/2007	Common Stock	13,682	$ 21.93	D	Â
Employee Stock Option (right to buy)	  (4)	02/10/2010	Common Stock	111,600	$ 27.57	D	Â
Employee Stock Option (right to buy)	  (4)	02/10/2009	Common Stock	45,136	$ 28.5	D	Â
Employee Stock Option (right to buy)	  (4)	06/03/2011	Common Stock	59,520	$ 34.92	D	Â
Employee Stock Option (right to buy)	  (4)	01/31/2011	Common Stock	114,576	$ 38.9	D	Â
Employee Stock Option (right to buy)	  (5)	02/06/2012	Common Stock	133,920	$ 51.21	D	Â
Employee Stock Option (right to buy)	  (6)	02/04/2013	Common Stock	142,600	$ 55.1	D	Â
Employee Stock Option (right to buy)	  (7)	01/25/2014	Common Stock	104,160	$ 82.06	D	Â
Employee Stock Option (right to buy)	  (4)	02/10/2009	Common Stock	59,240	$ 87.72	D	Â
Employee Stock Option (right to buy)	  (4)	02/11/2008	Common Stock	53,331	$ 87.72	D	Â
Employee Stock Option (right to buy)	  (4)	08/31/2007	Common Stock	121,398	$ 87.72	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
COLBY DAVID C 120 MONUMENT CIRCLE INDIANAPOLIS, IN 46204	Â	Â	  EVP	Â

Signatures

Nancy Purcell, Attorney-in-fact		12/02/2004
**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)	Deferred share right grant made in the Company's Comprehensive Executive Non-qualified Retirement Plan and awarded pursuant to the Company's 1999 Stock Incentive Plan. The deferred shares are fully vested.
(2)	Deferred share right grant made in the Company's Comprehensive Executive Non-qualified Retirement Plan and awarded pursuant to the Company's 1999 Stock Incentive Plan. The deferred shares will vest on March 15, 2005.
(3)	Deferred share right grant made in the Company's Comprehensive Executive Non-qualified Retirement Plan and awarded pursuant to the Company's 1999 Stock Incentive Plan. The deferred shares will vest in three equal annual installments beginning January 26, 2005, January 26, 2006 and January 26, 2007.
(4)	These options are fully vested.
(5)	The options are vested with respect to 111,600 shares and 22,320 options will vest on February 7, 2005.
(6)	The options are vested with respect to 71,301 shares and 23,767 options will vest on February 5, 2005, 23,767 on August 5, 2005 and 23,765 options will vest on February 5, 2006.
(7)	The options are vested with respect to 17,360 shares and 86,800 options will vest in five equal installments on January 26, 2005, July 26, 2005, January 26, 2006, July 26, 2006 and January 26, 2007.

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