30 /PRNewswire-FirstCall/ -- Anthem, Inc. (NYSE: ATH) and WellPoint Health Networks Inc. (NYSE: WLP) announced the completion of their merger today. The companies' agreement to merge was announced October 27, 2003.

When did Anthem merge with WellPoint?

Anthem began as WellPoint in 2004 as the result of a merger between WellPoint Health Networks and Anthem. However, most of its health plan affiliates carry the Anthem name. Anthem, a licensee of the Blue Cross Blue Shield Association, offers plans in 14 states.

When did Anthem take over Amerigroup?

On July 9, 2012, Anthem Inc. (then known as WellPoint) entered into an agreement to acquire Amerigroup Corporation for $4.9 billion.

When did Anthem and Blue Cross merge?

In 1972, The two firms, then known as Blue Cross of Indiana and Blue Shield of Indiana, entered into a joint operating agreement. In 1985, The two companies merged into Associated Insurance Companies, Inc,, later called, The Associated Group, a holding company, but usage of the name "Anthem" persisted.

Is Anthem BCBS the same as BCBS?

“In California, Anthem Blue Cross and Blue Shield are actually different companies and are competitors. In most other states, they are the same company and formed an association, the Blue Cross Blue Shield Association. Anthem Blue Cross is a for profit company in California, and Blue Shield is a non-profit.

Wellpoint Anthem

15 related questions found

Is anthem a PPO or HMO?

ANTHEM is a registered trademark of Anthem Insurance Companies, Inc. Anthem Blue Cross is an HMO plan with a Medicare contract.

What companies does anthem own?

In addition, we conduct business through our subsidiaries in over 25 states across the country such as America's 1st Choice, Amerigroup, Aspire Health, CareMore, Freedom Health, HealthLink, HealthSun, Optimum HealthCare, Simply Healthcare, and/or UniCare.

When did anthem go public?

In October 2001, Anthem demutualized and conducted an initial public offering of common stock.

Is anthem publicly traded?

Anthem, Inc. is an Indiana-domiciled publicly traded company that, through its subsidiary companies, provides health care benefits to more than 11 million people.

Who is anthem merging with?

2020). The Merger. On July 23, 2015, Anthem and Cigna entered into a merger agreement, with Anthem agreeing to pay over $54 billion, a 38.4% premium over Cigna's market capitalization.

Is amerigroup a WellPoint?

Amerigroup will operate as a wholly owned subsidiary within WellPoint and will remain dedicated to effectively managing state sponsored programs and further expanding this business.

Is Amerigroup part of Anthem BCBS?

Amerigroup Rebrands Medicaid Health Plan to Anthem Blue Cross and Blue Shield. LAS VEGAS--(BUSINESS WIRE)--Amerigroup, a leading Medicaid managed care plan in Nevada, is formally being introduced to members, providers and stakeholders across the state, as Anthem Blue Cross and Blue Shield.

Does WellPoint own anthem?

WellPoint, Inc., one of the nation's largest health insurance companies, officially became Anthem, Inc. as the company aggressively markets its menu of Anthem and Blue Cross and Blue Shield plans for new 2015 membership on exchanges under the Affordable Care Act.

Who owns Cigna?

In June 2015, U.S. health insurer Anthem Inc. announced that it would acquire Cigna for $47 billion in cash and stock. Anthem confirmed it had reached a deal to buy Cigna on July 24, 2015.

What is a WellPoint?

A Well Point is a piece of pipe that has openings large enough to allow water to enter but also small enough to keep the water-bearing formation in place. ... PVC Well Points are commonly found in Residential, Irrigation or Water System applications as they are best used with sand or light gravel.

How much money does Anthem make a year?

The company's 2020 revenue was just shy of $121 billion, a 17% increase over the previous year, assisted by a massive surge in Anthem's Medicare Advantage business.

Who is the parent company of Anthem?

Independent licensees of the Blue Cross and Blue Shield Association. Anthem is a registered trademark of Anthem Insurance Companies, Inc.

What states is Anthem Blue Cross Blue Shield in?

Headquartered in Indianapolis, Indiana, Anthem, Inc. is an independent licensee of the Blue Cross and Blue Shield Association serving members in California, Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri, Nevada, New Hampshire, New York, Ohio, Virginia and Wisconsin; and specialty plan members in ...

Is Anthem the same as CareFirst?

In 1998, the Maryland and District of Columbia companies merged to form CareFirst BlueCross BlueShield. ... In 2001, Wellpoint (now Anthem) offered to acquire the company for $1.37 billion, including $119 million in bonuses to Carefirst executives.

Who is current chief human resources officer of Anthem?

Leah Stark serves as Executive Vice President and Chief Human Resources Officer (CHRO) for Anthem, Inc. With more than 20 years of strategic global Human Resources (HR) experience, Stark is responsible for advancing talent and performance for more than 64,000 Anthem associates.

Who is the CEO of Anthem?

President and Chief Executive Officer

Gail K. Boudreaux is President & CEO of Anthem, Inc., a Fortune 50 company and leading health benefits provider, serving more than 43 million insured members through its affiliated health plans.

Do doctors prefer HMO or PPO?

A PPO plan can be a better choice compared with an HMO if you need flexibility in which health care providers you see. More flexibility to use providers both in-network and out-of-network. You can usually visit specialists without a referral, including out-of-network specialists.

Can I use Anthem Blue Cross at Kaiser?

With Kaiser, you have to use Kaiser doctors and facilities.

Anthem Blue Cross contracts with independent doctors and hospitals. If you want access to the UC's or Cedar Sinai, Kaiser's not going to work for you. This is usually the reason a person decides to go one way or the other.