Amerigroup: A Trusted Health Insurance Partner for Medicare, Medicaid, and More

Founded: 2013
Headquarters: 4425 Corporation Lane, Virginia Beach, Virginia 23462 USA
Phone: 800-600-4441
Website: www.www.amerigroup.com

Amerigroup: A Trusted Health Insurance Partner for Millions of Americans

Are you looking for a health insurance company that offers quality coverage, affordable plans, and personalized service? If so, you might want to consider Amerigroup, one of the leading managed care companies in the nation.

Amerigroup is dedicated to improving lives and healthier communities by providing health care solutions for people who are enrolled in government-sponsored programs, such as Medicaid, Medicare, and the Children’s Health Insurance Program (CHIP). With over 7.7 million members in 26 states, Amerigroup is the largest provider of health care for public programs in the U.S.

In this post, we’ll tell you more about Amerigroup, its company history, services, insurance plans, benefits, funding rounds, partnerships, awards, and recognition, and leadership team. We’ll also show you how you can find the best plan for your needs and budget.

Company History: From AMERICAID to Amerigroup

Amerigroup was founded in 1994 as AMERICAID Community Care, with the aim of addressing the health care problems of children, mothers, and pregnant women enrolled in Medicaid. The company launched its first operations in 1996, and changed its name to Amerigroup Corporation in 1997.

In 2001, Amerigroup became a publicly traded corporation, and in 2003, it was listed on the New York Stock Exchange In 2006, Amerigroup entered the Medicare Advantage market, serving low-income people who are eligible for both Medicare and Medicaid through special needs plans. In 2007, Amerigroup started offering traditional Medicare Advantage plans as well.

In 2012, Amerigroup was acquired by Anthem Inc. (then known as WellPoint) for $4.9 billion Anthem has since rebranded to Elevance Health, Inc. Amerigroup is now Wellpoint in AZ, IA, NJ, TN, TX, and WA, but it still operates under the Amerigroup name in other markets.

Services: Medicare, Medicaid, and More

Amerigroup offers a variety of health care services through three government programs that target different segments of the country’s low-income population: Medicaid, CHIP, and Medicare.

Medicaid is a program that provides health coverage for people with low incomes, disabilities, or certain health conditions. Amerigroup offers low-cost coverage for children, adults, and families who qualify for state-sponsored Medicaid programs.

CHIP is a program that provides health coverage for uninsured children who are not eligible for Medicaid. Amerigroup offers a managed health care product called Amerikids for children enrolled in CHIP.

Medicare is a program that provides health coverage for people who are 65 or older, disabled, or have certain health conditions. Amerigroup offers Medicare Advantage plans, Medicare Supplement plans, and Medicare Part D plans for people who are eligible for Medicare.

Amerigroup also offers a combined Medicare-Medicaid plan called MMP for people who are eligible for both programs in Texas. This plan helps coordinate the benefits and services of both programs in one plan.

Medicare Plans: Find the Right Plan for You

Amerigroup has a wide range of insurance plans to suit your health care needs and budget. Whether you need dental, vision, hearing, prescription drug, or other benefits, Amerigroup has a plan for you. Here are some of the types of plans that Amerigroup offers:

Medicare Advantage HMO plans: These plans allow you to choose a primary care provider from Amerigroup’s network, who can coordinate your care with specialists when needed. You also get extra benefits like dental, vision, hearing, fitness, and more.

Medicare Advantage PPO plans: These plans give you more flexibility to see any provider that accepts Medicare, in or out of Amerigroup’s network. You also get extra benefits like dental, vision, hearing, fitness, and more.

Special Needs plans: These plans are designed for people who have certain chronic conditions, disabilities, or low incomes. They offer tailored benefits and services to meet your specific health needs.

Medicare Supplement plans: These plans help cover the gaps in Original Medicare, such as deductibles, coinsurance, and copayments. You can see any doctor who accepts Medicare patients, and you can add a prescription drug plan to help pay for your medications.

Medicare Part D plans: These plans help cover the cost of your prescription drugs. You can choose from different plans that offer different levels of coverage and costs. You can also add a dental and vision plan to get more benefits.

Medicaid plans: These plans offer low-cost or no-cost coverage for people who qualify for Medicaid. You can get benefits like doctor visits, hospital stays, preventive care, maternity care, mental health services, and more.

CHIP plans: These plans offer low-cost or no-cost coverage for children who qualify for CHIP. You can get benefits like doctor visits, hospital stays, preventive care, dental care, vision care, and more.

To find the best plan for you, you can use the online tool on Amerigroup’s website to compare plans available in your area and apply online. You can also call a licensed agent to get more information and assistance.

Benefits: Why Choose Amerigroup?

Amerigroup is more than just a health insurance company. It is a trusted partner that cares about your health and well-being. Here are some of the benefits of choosing Amerigroup as your health insurance provider:

Quality care: Amerigroup ensures quality health care through its commitment to member experience, clinical performance, and network management. It works with a network of providers who meet high standards of quality and service. It also offers programs and resources to help you manage your health conditions and improve your health outcomes.

Affordable plans: Amerigroup offers plans that fit your budget and your needs. It helps you save money by offering low or no premiums, deductibles, copays, or coinsurance for many services. It also helps you avoid surprise bills by covering out-of-network emergency care at in-network rates.

Personalized service: Amerigroup treats you as an individual, not a number. It assigns you a care coordinator who can help you navigate the health care system and connect you with the services and support you need. It also offers 24/7 access to a nurse line, online tools, and mobile apps to help you manage your health and plan.

Extra benefits: Amerigroup goes beyond the basic benefits to offer you more value and convenience. Depending on your plan, you can get extra benefits like dental, vision, hearing, fitness, transportation, over-the-counter items, telehealth, and more. You can also earn rewards for getting certain health services through the Healthy Rewards Program.

Community support: Amerigroup is committed to strengthening the communities it serves. It partners with local organizations to address specific health and social issues, such as food insecurity, homelessness, substance abuse, and more. It also offers community resources to help you find free and low-cost services near you.

Funding Rounds: How Amerigroup Raised Capital

Amerigroup has raised a total of $60.99 million over seven funding rounds, according to Crunchbase3 Here is a brief overview of its funding history:

In October 1996, Amerigroup raised an undisclosed amount of funding from an unattributed round.

In July 1998, Amerigroup raised an undisclosed amount of funding from an unattributed round.

In January 1999, Amerigroup raised an undisclosed amount of funding from a venture round led by New Enterprise Associates.

In November 2001, Amerigroup raised $99 million from its initial public offering (IPO) on the NASDAQ.

In December 2012, Amerigroup raised $4.9 billion from its acquisition by Anthem.

Partnerships: Who Amerigroup Works With

Amerigroup works with various partners to provide better health care solutions for its members and communities. Some of its notable partnerships include:

BlueCross BlueShield of Western New York: In 2016, Amerigroup announced an alliance with BlueCross BlueShield of Western New York to help administer and manage the company’s Medicaid managed care programs. The alliance aimed to enhance the quality, access, and efficiency of health care services for Medicaid members in the region.

Lyft: In 2017, Amerigroup partnered with Lyft, a ride-sharing company, to offer free transportation to its Medicare Advantage members in select markets. The partnership aimed to improve access to health care and reduce transportation barriers for seniors and people with disabilities.

Walmart: In 2018, Amerigroup partnered with Walmart, a retail giant, to offer over-the-counter (OTC) items to its Medicare Advantage members. The partnership allowed members to use their OTC benefit to purchase health-related items such as first aid supplies, vitamins, and personal care products at Walmart stores and online.

Feeding America: In 2019, Amerigroup partnered with Feeding America, a hunger-relief organization, to address food insecurity among its members and communities.

Awards and Recognition: How Amerigroup Stands Out

Amerigroup has received numerous awards and recognition for its excellence in health care delivery, customer service, innovation, and social responsibility. Some of its recent accolades include:

In 2020, Amerigroup was ranked among the top 10 health insurers in the U.S. by the National Committee for Quality Assurance (NCQA), a nonprofit organization that evaluates health plans based on quality, customer satisfaction, and accreditation.

In 2020, Amerigroup was awarded the Best in KLAS award for Payer Solutions – Medicaid Managed Care by KLAS Research, a health care research firm that measures the performance of health care vendors based on feedback from health care professionals.

In 2020, Amerigroup was recognized as a Military Friendly Employer by VIQTORY, a veteran-owned company that connects military veterans with civilian careers. The recognition honors companies that demonstrate a commitment to hiring, retaining, and supporting veterans and their families.

In 2019, Amerigroup was named one of the World’s Most Admired Companies by Fortune magazine, a global business publication that ranks companies based on their reputation among peers, customers, investors, and employees.

In 2019, Amerigroup was honored with the Corporate Social Responsibility Award by PR News, a media outlet that covers the public relations and communications industry. The award recognizes companies that demonstrate positive social impact through their programs, initiatives, and partnerships.

Join Amerigroup Today

Amerigroup is more than just a health insurance company. It is a trusted health insurance partner for millions of Americans who are enrolled in government-sponsored programs. Whether you need Medicare, Medicaid, CHIP, or a combined plan, Amerigroup has a plan for you. You can enjoy quality care, affordable plans, personalized service, extra benefits, and community support when you choose Amerigroup as your health insurance provider.

If you are interested in joining Amerigroup, you can visit its website to compare plans, apply online, or contact a licensed agent. You can also follow Amerigroup on social media to get the latest news, updates, and tips on health and wellness.

Don’t miss this opportunity to get the health coverage you need and deserve. Join Amerigroup today and experience the difference.

Disclaimer: Please note that the names and positions of employees mentioned may be subject to change, as individuals may move to different roles or organizations. While we make every effort to keep our information accurate and up-to-date, we cannot guarantee that all employee details are current or complete. We encourage you to verify the identity and positions of any individual mentioned and check their Linkedin Profile before taking any action based on their role.