Anthem Inc.

Headquartered in Indianapolis, Indiana, Anthem Inc, is an American Health Insurance provider, that as of 2020 had more than 42 million customers. Among all the companies in the Blue Cross Blue Shield Association, it is the largest for-profit company with over 70,500 employees working for it. The company claims that one in every eight people in America had received its health care coverage plan through affiliated plans. It serves more than 106 million people through its associate companies. Anthem offers a vast range of speciality & medical products, a variety of PPOs & HMOs, health plan services and network-based dental products to both employers and employees with their needs. Under its speciality products, there are dental, behavioural and vision health benefit services, life and disability insurance benefits, flexible spending accounts and long-term care insurance. Anthem was incorporated through the merger between WellPoint Health Networks Inc and Anthem to become America’s leading health benefits company in the year 2004. The company, then named WellPoint Inc, became Anthem Inc after spending ten years in the industry. It is also the largest company in the United States that provides health benefits. This Indiana based company has an independent Blue Cross Blue Shield Association license that allows it to serve in areas like New Hampshire, Nevada, California, Ohio, New York, Georgia, Wisconsin, Kentucky, Colorado, Missouri, Connecticut, Georgia, Virginia, Maine, Indiana and is a speciality plan member in some other states of USA. Between 2005 to 2012 it acquired 7 companies and operated them under its umbrella. They are Lumenos, WellChoice, Imagining Management, Resolution Health, DeCare Dental, CareMore, and Amerigroup in chronological order. After that, the company offered to acquire Cigna in 2015, but on the ground of anti-competitive practices, the US District Court blocked this merger at the beginning of 2017. Three years from then in 2020, the company has again shown some interest in acquiring an independently held behavioural health organisation called Beacon Health Options. Anthem is both a Fortune 500 and S&P 500 indexed company that is listed in the New York Stock Exchange under the symbol ANTM. ANTM share process reached its highest, that is $328.56 on November 10th 2020. It also has a philanthropic arm called Anthem Foundation that serves its community with better healthcare and disaster relief.