INDIANA		35-2145715
(State or other jurisdiction of incorporatio or organization)		(I.R.S. Employer Identification Number)

120 MONUMENT CIRCLE, INDIANAPOLIS, INDIANA		46204-4903
(Address of principal executive offices)		(Zip Code)

Title of Each Class		Outstanding at October 31, 2002
Common Stock, $0.01 par value		141,445,904 shares

		Page
PART I. FINANCIAL INFORMATION
ITEM 1. Financial Statements		1
Consolidated Balance Sheets as of September 30, 2002 (Unaudited) and December 31, 2001		1
Consolidated Statements of Income for the Three and Nine Months Ended September 30, 2002 and 2001 (Unaudited)		2
Consolidated Statements of Shareholders’ Equity for the Nine Months Ended September 30, 2002 and 2001 (Unaudited)		3
Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2002 and 2001 (Unaudited)		4
Notes to Consolidated Financial Statements (Unaudited)		5
ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations		16
ITEM 3. Quantitative and Qualitative Disclosures About Market Risk		38
ITEM 4. Controls and Procedures		38
PART II. OTHER INFORMATION
ITEM 1. Legal Proceedings		39
ITEM 2. Changes in Securities and Use of Proceeds		43
ITEM 3. Defaults Upon Senior Securities		43
ITEM 4. Submission of Matters to a Vote of Security Holders		43
ITEM 5. Other Information		44
ITEM 6. Exhibits and Reports on Form 8-K		44
SIGNATURES		45
CERTIFICATIONS		46
INDEX TO EXHIBITS		48

		September 30, 2002				December 31, 2001
		(Unaudited)
		(In Millions, Except Share Data)
Assets
Current assets:
Investments available-for-sale, at fair value:
Fixed maturity securities		$	5,548.5			$	3,882.7
Equity securities			139.8				189.1
			5,688.3				4,071.8
Cash and cash equivalents			912.0				406.4
Premium and self funded receivables			835.7				544.7
Reinsurance receivables			78.8				76.7
Other receivables			216.3				169.1
Other current assets			62.5				31.2
Total current assets			7,793.6				5,299.9
Restricted cash and investments			52.1				39.6
Property and equipment			536.7				402.3
Goodwill			2,502.3				338.1
Other intangible assets			1,286.4				129.3
Other noncurrent assets			64.1				67.4
Total assets		$	12,235.2			$	6,276.6
Liabilities and shareholders’ equity
Liabilities
Current liabilities:
Policy liabilities:
Unpaid life, accident and health claims		$	1,925.0			$	1,411.3
Future policy benefits			335.0				247.9
Other policyholder liabilities			56.4				57.3
Total policy liabilities			2,316.4				1,716.5
Unearned income			562.5				320.6
Accounts payable and accrued expenses			413.5				331.0
Bank overdrafts			371.2				310.7
Income taxes payable			74.6				52.4
Other current liabilities			717.5				231.4
Total current liabilities			4,455.7				2,962.6
Long term debt, less current portion			1,658.5				818.0
Retirement benefits			35.0				96.1
Other noncurrent liabilities			760.7				339.9
Total liabilities			6,909.9				4,216.6
Shareholders’ equity
Preferred stock, without par value, shares authorized—100,000,000; shares issued and outstanding—none			—				—
Common stock, par value $0.01, shares authorized—900,000,000; shares issued and outstanding: 2002, 141,243,802; 2001, 103,295,675			1.4				1.1
Additional paid in capital			4,835.1				1,960.8
Retained earnings			372.6				55.7
Unearned restricted stock compensation			(5.8	)			—
Accumulated other comprehensive income			122.0				42.4
Total shareholders’ equity			5,325.3				2,060.0
Total liabilities and shareholders’ equity		$	12,235.2			$	6,276.6

		Three Months Ended September 30						Nine Months Ended September 30
		2002			2001			2002			2001
		(In Millions, Except Per Share Data)
Revenues
Premiums		$	3,221.5		$	2,323.3		$	8,352.9		$	6,866.1
Administrative fees			257.7			191.7			674.8			622.0
Other revenue			24.6			15.2			62.5			37.8
Total operating revenue			3,503.8			2,530.2			9,090.2			7,525.9
Net investment income			67.3			61.4			187.5			170.4
Net realized gains on investments			7.3			72.1			13.2			61.2
Gain on sale of subsidiary operations			1.0			—			1.0			25.0
			3,579.4			2,663.7			9,291.9			7,782.5
Expenses
Benefit expense			2,626.6			1,976.8			6,937.8			5,847.6
Administrative expense			683.7			474.3			1,733.7			1,465.9
Interest expense			30.3			13.8			65.4			41.8
Amortization of goodwill and other intangible assets			9.4			8.1			16.8			23.8
Demutualization expenses			—			13.6			—			16.6
			3,350.0			2,486.6			8,753.7			7,395.7
Income before income taxes and minority interest			229.4			177.1			538.2			386.8
Income taxes			56.9			64.6			158.9			133.2
Minority interest (credit)			1.3			1.0			2.1			(0.9	)
Net income		$	171.2		$	111.5		$	377.2		$	254.5
Net income per share (1)
Basic		$	1.33		$	1.08		$	3.37		$	2.46
Diluted		$	1.29		$	1.07		$	3.30		$	2.45

		Common Stock						Additional Paid in Capital				Retained Earnings				Unearned Restricted Stock Compensation				Accumulated Other Comprehensive Income			Total Shareholders’ Equity
		Number of Shares			Par Value
		(In Millions, Except Share Data)
Balance at December 31, 2001		103,295,675			$	1.1		$	1,960.8			$	55.7			$	—			$	42.4		$	2,060.0
Net income		—				—			—				377.2				—				—			377.2
Change in net unrealized gains on investments		—				—			—				—				—				79.6			79.6