Wellpoint's products and services are designed for any age of consumer looking to make better care decisions and will offer access to simple, supportive health solutions that will help foster independence and whole-person health. EX-21 6 dex21.htm SUBSIDIARIES OF THE COMPANY Exhibit 21 . SUBSIDIARIES OF WELLPOINT, INC. AS OF DECEMBER 31, 2009 . Among its customer base were 2.4 million PPO and 964,000 HMO enrollees. What unites us across these differences are our company values: Do the right thing, with a spirit of excellence. The agency concluded that all these cancellations were illegal. Reference ID: 0.9d8f1402.1690239135.471b3ee. Anthem is committed to excellence in quality of care and service. This helps lower your overall costs and makes benefit management easier, all while delivering . Copyright © 2023 Becker's Healthcare. EX-21 3 dex21.htm SUBSIDIARIES OF THE COMPANY Exhibit 21 . A Medicaid managed health care product. [67] In 2014, it received 3 out of 4 stars in the same category. They have a larger health pool and can do more damage than their other counterparts. Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. Anthem will officially become Elevance Health on June 28, and, as part of its corporate rebrand, it's also launching new brands for two of its subsidiaries. Selecting this link will open a PDF. In Kentucky: Anthem Health Plans of Kentucky, Inc. [75], In 2011, Anthem began cancelling policies of members who had been paying premiums with credit cards, sometimes without calling or emailing the member ahead of time. Amerigroup is an American health insurance and managed health care provider. Please update your browser if the service fails to run our website. Whether Radiant is involved or not, the process is the same. We put the people we serve at the center of all that we do, to exceed expectations, and optimize health outcomes. [3] Anthem has since re-branded to Elevance Health, Inc.[4], On 1 March 2020, Amerigroup told Grays Harbor Community Hospital (GHCH) and Harbor Medical Group (HMG) of their decision to terminate their relationship with the company effective 28 June 2020. APHC is a subsidiary of Anthem, Inc. which has 30 years of Medicaid experience through its affiliated companies. If your state isn't listed, check out bcbs.com to find coverage in your area. It is headquartered at 55 Water Street in Lower Manhattan, New York City. Anthem : A.M. Best Anthem : A.M. Best : Affirms Ratings of Anthem, Inc. and Its Subsidiaries June 11, 2015 at 04:33 pm A.M. Best has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the core insurance subsidiaries of Anthem, Inc. (Anthem) (Indianapolis, IN) [NYSE:ANTM]. They serve 10.5 million Medicaid enrollees across 25 markets, . Some are regular Medicare Advantage plans, while others focus on low-income Medicare beneficiariesSpecial Needs Plans for dual eligible beneficiaries with both Medicare and Medicaid. Through partnerships across healthcare, Carelon will improve outcomes and reduce total cost of care through digitally enabled solutions to improve whole person health. [58] Cigna then announced plans in March 2018 to acquire Express Scripts for $58 billion. On June 28, Anthem will become Elevance Health and will commemorate its official rebranding by ringing the opening bell at the New York Stock Exchange (NYSE). 2005 - 2022 copyright of Anthem Insurance Companies, Inc. 55 Water Street houses the company headquarters. Through its affiliated companies, Anthem serves more than 110 million people, including approximately 43 million within its family of health plans as we . SUBSIDIARIES OF WELLPOINT, INC. AS OF DECEMBER 31, 2006 . The AIM platform delivers significant cost of care savings across an expanding set of clinical domains including radiology, cardiology, oncology, specialty drugs, sleep medicine, musculoskeletal,. [85], On 17 March 2010, WellPoint announced it was reclassifying some of its administrative costs as medical care costs in order to meet loss ratio requirements under the Patient Protection and Affordable Care Act, which requires insurers to spend at least 80% or 85% of customer premiums on health care services, depending on the type of plan. Amerigroup is an American health insurance and managed health care provider. There may be times when we use other companies to give our members and providers certain types of services, like Utilization Management or Case Management. [88][89] Anthem ended up paying for coverage following public outcry. Former Executive Cleveland Tyson provided federal prosecutors with evidence that Amerigroup was systematically declining services to low-income pregnant women in Illinois from 2001 to 2003. [16], In August 1997, Anthem acquired Blue Cross and Blue Shield of Connecticut. Carelon makes connected care possible for everyone by putting people at the center of what we do and delivering the right balance of care, technology, data-driven insights and expertise to solve complex challenges and help consumers lead healthier lives, said Pete Haytaian, Executive Vice President of Anthem, and President of Carelon. Through its affiliates, Elevance Health offers a comprehensive suite of commercial, Medicare, and Medicaid plans that focus on whole health and its drivers to help improve outcomes for employers, individuals, families, and communities. Purpose-Driven. An important part of being a lifetime, trusted health partner is grounded in our ability to ensure consumers have access to services that will meet their whole health needs across their entire healthcare journey, said Gail K. Boudreaux, President and CEO Anthem, Inc. The addition of our new brands to our family of companies will bring together services and products within their respective brands that further integrate our business and health expertise across the industry to solve complex challenges and improve consumers lives., Blending a powerful suite of solutions to solve complex healthcare challenges. [81], In February 2010, WellPoint announced that rates would increase on some Anthem Blue Cross individual policies in California by as high as 39%. Optum, Inc. is an American healthcare services provider with business interests encompassing technology and related services, pharmacy care services (including a pharmacy benefit manager) and various direct healthcare services.It has been a subsidiary of UnitedHealth Group since 2011. Launching a brand focused on improving the health of individuals and communities at all stages of life. The 10 best health insurance companies of 2023, Cigna claims exec's departure to CVS violated noncompete agreement, CMS proposes universal quality measures across all programs, In blow to payers, CMS implements tougher Medicare Advantage audit rule, Medicaid redeterminations are going worse than expected, experts say, Majority of states looking to regulate prior authorization this year, The 2-midnight rule and Medicare Advantage: 6 things to know, UnitedHealthcare ordered to pay Envision $91M in billing dispute, Intermountain's 'biggest opportunity for growth' is about to get a lot bigger, Judge certifies class action in Aetna, Optum 'dummy code' lawsuit, Payers crack down on Ozempic prescriptions, How many people could lose Medicaid coverage, state-by-state, 100 things to know about Blue Cross Blue Shield, Average hospital payer mix in every state, CMS finalizes rule addressing Medicare Advantage marketing, prior authorization, A majority of Medicaid members still don't know about redeterminations, Cigna gets temporary restraining order in executive noncompete suit, Large health system vs. payer profits in 2022, 15 things to know about Medicare Advantage star ratings, 65% of health plans 'very concerned' about off-label use of Ozempic, other weight loss drugs, Cigna CEO wants return to pre-pandemic, in-person work, UnitedHealth Group's 5 highest-paid executives, 8th Annual Becker's Health IT + Digital Health + RCM Annual Meeting. [77], Through 2010 and into 2011, WellPoint senior executives met monthly with executives of other major health insurers to blunt the effect of the Patient Protection and Affordable Care Act. [7], In 1993, Acordia acquired American Business Insurance for $130 million[11] and the Federal Kemper Insurance Company for $100 million. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. ", "Angela Braly resigns as president and CEO of WellPoint", "WellPoint CEO Angela Braly quits, bowing to investor pressure", "Anthem, Inc. Completes Acquisition of Simply Healthcare Holdings, Inc", "Anthem Makes $47 Billion Offer for Rival Cigna", "Anthem to buy Cigna to create biggest U.S. health insurer", "Federal Judge Blocks Anthem's Planned Acquisition of Cigna", "Antitrust Rulings Put Chill on Health-Insurance Mergers", "Anthem Breaks With Express Scripts, Will Start Own Drug Plan", "Cigna to Buy Express Scripts in $52 Billion Health Care Deal", "Anthem names industry veteran Gail Boudreaux as new CEO", "Anthem is not only staying but expanding in Downtown Indianapolis", "Anthem, Inc. Completes Acquisition of Beacon Health Options", "Anthem To Buy Puerto Rico Medicare And Medicaid Plans", "Anthem plans to buy Integra Managed Care in New York", "Anthem, Inc. Completes Acquisition of Integra Managed Care", "Report criticizes California health plans for treatment of chronic ailments", "Elevance Health Medicaid Plans Earn NCQA Health Equity Accreditation", "WellPoint's giving for uninsured falls short, records show", "Insurer targeted HIV patients to drop coverage", "WellPoint Routinely Targets Breast Cancer Patients", "Health insurers to pay state regulators", "WellPoint routinely targets breast cancer patients", "How WellPoint's bad behavior advances health care reform", "Using plastic to pay Anthem bill? [2], On July 9, 2012, Anthem Inc. (then known as WellPoint) entered into an agreement to acquire Amerigroup Corporation for $4.9 billion. At Quantum Health, empathy starts with our own team, extends to our members and clients, and expands into our community. 1001 and 1030). At Elevance Health, our strategy to become a lifetime trusted health partner comes to life through four core areas: We partner to address physical, behavioral, social, and pharmacy needs to improve health, affordability, quality, equity, and access for individuals and communities. Is pickleball to blame? [33] In March 2001, WellPoint acquired Cerulean Companies, the parent company of Blue Cross Blue Shield of Georgia.[34]. We address a full range of needs with an integrated whole health approach, powered by industry-leading capabilities and a digital platform for health. Please declare your traffic by updating your user agent to include company specific information. We currently don't offer resources in your area, but you can select an option below to see information for that state. Integrity, transparency, and a commitment to excellence inspire business operations and corporate governance at Elevance Health, all to pursue our purpose: improving the health of humanity. In Ohio: Community Insurance Company. In 2002, WellPoint acquired RightChoice Managed Care, a Missouri-based company, for $1.5 billion. 2022 Elevance Health. Amerigroup has a Community Volunteers program, created to recognize and support the contributions employees make in communities across the country and to inspire others to volunteer. The logo of Anthem Blue Cross Blue Shield. Anthem Blue Cross and Blue Shield Plan Administrator, LLC : Indiana (LLC) Anthem Blue Cross Life and Health Insurance Company : California: Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. To resolve allegations of improper policy rescissions (cancellations), WellPoint paid $10 million and reinstated plans for 1,770 policy-holders who were affected by cancelled policies. http://www.elevancehealth.com/newsroom/anthem-announces-subsidiary-brands-under-elevance-health, Changes reflect the companys continued evolution to support whole health. Our approach to health begins by redefining health, reimagining the system, and strengthening our communities. In 2007, Amerigroup began the operation of traditional Medicare Advantage plans. OLDWICK, N.J.-- ( BUSINESS WIRE )-- AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "a+" (Excellent) of the core. Gen. Jerry Brown to investigate its claim that WellPoint had illegally pushed workers to write to their elected officials, attend town hall meetings and enlist family and friends to ensure an overhaul that would match the firms interests. These enemies are . To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. For more information, please see the SECs Web Site Privacy and Security Policy. Independent licensees of the Blue Cross and Blue Shield Association. It is our privilege to reflect the communities we serve. This page is not available in other languages. So Anthem is dedicated to delivering better care to our members, providing greater value to our customers and helping improve the health of our communities. At Anthem Blue Cross and Blue Shield we understand our health connects us to each other. [21], In 2002, Anthem acquired Trigon Healthcare of Virginia, a Blue Cross and Blue Shield plan, the largest insurer in Virginia, for $4.04 billion. Anthem, which will become Elevance Health on June 28, 2022, is a leading health company dedicated to improving lives and communities, and making healthcare simpler. [102] Critics derided the scheme, citing that it was unlawful by federal law to cover a person based on diagnosis, not symptoms. [65], On June 28, 2022, Anthem announced a change of its corporate name to Elevance Health, Inc. and also changed its stock ticker symbol from "ANTM" to "ELV". [100] It was also considered unsafe, as it pressured patients to diagnose themselves before going to the ER. With this acquisition, WellPoint expanded its presence into Michigan, Texas, and the mid-Atlantic, and gained a unit that concentrated on serving the needs of large employers. [87], In May 2014, Anthem Blue Cross refused to pay for the hospitalization of a Sonoma County, California man for stage four cancers, although he had paid Anthem over $100,000 in premiums. Funding and insurance for the Plan are provided by the Commonwealth of Massachusetts. Anthem's shares traded at over $183 per share, and its market capitalization was valued at over US$69.1 billion in October 2018. What we all do impacts those around us. [46], In 2012, WellPoint acquired Amerigroup for $4.9 billion, anticipating significant growth due to Medicaid expansion under the Patient Protection and Affordable Care Act. On June 28, Anthem will become Elevance Health and will commemorate its official rebranding by ringing the opening bell at the New York Stock Exchange (NYSE). For more information, contact opendata@sec.gov. View our 2020 Corporate Information including Executive Leadership, Team Board of Directors, and our Awards and Recognitions. Leslie.Porras@anthem.com, Investor Relations: Integrity, transparency, and a commitment to excellence inspire business operations and corporate governance at Elevance Health, all to pursue our purpose: improving the health of humanity. The company's services include medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans through affiliated companies such as Anthem Blue Cross and Blue Shield, Empire BlueCross BlueShield in New . [8], 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. Through partnerships across healthcare, Carelon will improve outcomes and reduce total cost of care through digitally enabled solutions to improve whole person health. Consumer Watchdog, a nonprofit watchdog organization in Santa Monica, asked California Atty. Anthem Blue Cross and Blue Shield and affiliated blue plans are offered in 14 states. This product is designed for the TANF population that consists primarily of low-income children and their mothers. In states where Anthem operates, it is usually a major player in the health insurance market, and in nine states, Anthem is one of the top three companies with the largest enrollments in the individual market. [68] In 2022, twenty-one of Elevance Health's affiliated Medicaid plans earned accreditation for health equity from the National Committee for Quality Assurance (NCQA). | Privacy | Legal. [5], Based on its 2021 revenues, the company ranked 20th on the 2022 Fortune 500. The company also agreed to provide compensation for any medical debts incurred by these policy-holders. Note: We do not offer technical support for developing or debugging scripted downloading processes. About Anthem, Inc. Anthem, which will become Elevance Health on June 28, 2022, is a leading health company dedicated to improving lives and communities, and making healthcare simpler. [82], To explain the rate increases, some which were four times the rate of medical inflation, Anthem said the company had experienced a death spiral: the company claimed that with increased unemployment and declining wages, healthy customers dropped their insurance policies. simplifying every step of the healthcare journey to make health more equitable and accessible. In Nevada: Rocky Mountain Hospital and Medical Service, Inc. HMO products underwritten by HMO Colorado, Inc., dba HMO Nevada. As a result, personal information of thousands of coverage applicants who were under the age of 65 was exposed in the open. [7], In 1972, The two firms, then known as Blue Cross of Indiana and Blue Shield of Indiana, entered into a joint operating agreement. Elevance Health is reimagining the health system and taking a more holistic approach to improve outcomes, equity, and accessibility. [105] Sovereign owns facilities that treat people with addiction and mental health problems. Fueled by our bold purpose to improve the health of humanity, we are transforming from a traditional health benefits organization into a lifetime trusted health partner. Synonyms for ANTHEM: hymn, psalm, carol, chorale, spiritual, canticle, dirge, requiem, paean, hallelujah [86], In June 2010, Anthem sent letters to 230,000 customers in California warning them that their personal data might have been accessed online via a data breach. Our solutions connect people with technology, data, and expertise making it possible to support whole health and streamline the health system. Language links are at the top of the page across from the title. [5], Children's Health Insurance Program (CHIP)[7], Seniors and People with Disabilities (S/PD)[8], Temporary Assistance for Needy Families (TANF)[9], In 2007, Amerigroup developed the National Advisory Board (NAB) to focus on meeting the needs of seniors and people with disabilities, who are a significant proportion of its clients. [62], On February 2, 2021, Anthem announced the acquisition of InnovaCare Health's Puerto Rico subsidiaries including MMM Holdings, LLC (MMM) and its Medicare Advantage (MA) plan MMM Healthcare, LLC as well as affiliated companies and Medicaid plan. [47][48][49], In August 2012, CEO Angela Braly resigned due to pressure from investors. We want to help you get access to quality, efficient care that is backed by scientific research. Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. Note: We do not offer technical support for developing or debugging scripted downloading processes. [14] In the past year, (2013) the Foundation contributed more than $3 million to various community organizations across the United States. Anthem is a registered trademark of Anthem Insurance Companies, Inc.