Anthem Insurance Company


It is the Health Insurance Company founded in 1940.It is the biggest for-benefit oversaw human services organization in the Blue Cross and Blue Shield Association. It was shaped when Anthem Insurance Company obtained WellPoint Health Networks, Inc., with the consolidated organization embracing the name WellPoint, Inc.

Anthem Insurance Company became out of two Indianapolis, Indiana based shared insurance agencies, Mutual Hospital Insurance Inc. what's more, Mutual Medical Insurance Inc. shaped in 1944 and 1946. The organizations became fundamentally, controlling 80% of the therapeutic protection market in Indiana by the 1970s. In 1972 they met up to make a joint working agreement, and converged in 1985 as guardian organization, Associated Insurance Companies, Inc, to frame Blue Cross and Blue Shield of Indiana.

In 1986 Associated Insurance Companies changed its name to Associated Group to mirror its extended focus, and started intensely growing outside Indiana, securing various insurance agencies and making new auxiliaries all through the late 1980s through the mid-1990s. 

Once in the past Anthem Inc. was an insurance agency which started in the 1980s as a twist off of the gathering protection operations of American General Insurance. 

Song of praise Blue Cross and Blue Shield was made as a component of the merger of Associated Group with Community Mutual Insurance Co. of Cincinnati.

From its turn to a traded on an open market organization in 2001 until its last merger in 2004, it consolidated the Blue Cross Blue Shield associations of a few states to accomplish economy of scale, changing over them in the process from non-benefit to revenue driven status. In late 2004, Anthem and WellPoint converged, with the consolidated organization taking the WellPoint name. That Anthem no more exists as an organization, yet the Anthem Blue Cross and Blue Shield brand name is utilized by WellPoint as a part of 11 states. 

In December 2014: WellPoint changed its corporate name to Anthem Inc..

In October 2001, Anthem demutualized and led a first sale of stock of regular stock. WellPoint, Inc. (previously Anthem, Inc.) was framed when WellPoint Health Networks Inc. furthermore, Anthem, Inc. converged in 2004 to end up the country's driving medical advantages organization. 

WellPoint Health Network Inc's. forerunner was Blue Cross of California, which was established in 1982 with the combination of Blue Cross of Northern California (built up in 1936) and Blue Cross of Southern California (set up in 1937). WellPoint was shaped in 1992 to work Blue Cross of California's overseen care business. In 1993, Blue Cross of California spun off its oversaw care business into a different traded on an open market substance, WellPoint Health Networks Inc. In 1996, Blue Cross of California finished the transformation of all its business to revenue driven status, bringing about a rebuilding that assigned WellPoint Health Networks Inc. as the guardian association. 

Wellpoint, Inc. was shaped in November 2004 after a merger of Anthem and WellPoint Health Networks Inc. The merger was organized as Anthem gaining WellPoint Health Networks and rebranding itself WellPoint, Inc. At the point when the arrangement was initially declared in October 2003, the merger was set at $16.5 billion. The equitable estimation of the merger when finished in December 2004 was around $20.8 billion. 

Services Offered By Anthem Insurance Inc.
1) Health Services : 
  •  Individuals and Families
  • Medicare 
  • Dental and Vision
2) Medicare Services
3) Small Business
Associated Group of Anthem Insurance Company

1989: Associated Group established Accordia, business that sold and overhauled protection and worker advantage programs.

1992: Associated Group took Accordia. 

1993: Accordia obtained American Business Insurance for $130 million and the Federal Kemper Insurance Company for $100 million.

1993: Associated Group purchased Southeastern Mutual Insurance Company, the administrator of Blue Cross and Blue Shield of Kentucky. The arrangement was the main cross-state merger of significant Blues arranges in America. By the end of 1993, Associated Insurance posted yearly benefits of $65.4 million with $3.4 billion in revenue.

1995: Associated Group gained Community Mutual Insurance (a supplier of Blue Cross and Blue Shield protection arranges in Ohio with more than 1.9 million strategy holders), then set up Anthem Blue Cross and Blue Shield.

1995: Associated Group started offering its Blue Cross Blue Shield items to purchasers under the Anthem name. 

1996: Associated Group changed its name to Anthem Insurance Company.

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