Anthem: Best Health Insurance Solutions for You

Founded: 1946
Website: www.anthem.com

Anthem: Your Trusted Partner for Health Insurance Solutions

Are you looking for a health insurance plan that fits your needs and budget? Do you want to access quality care from a network of doctors and hospitals across the country? Do you want to benefit from discounts, wellness programs, online tools, and more? If you answered yes to any of these questions, then you should consider anthem as your health insurance provider.

Anthem is one of the largest health benefits companies in the United States. Anthem serves over 110 million members across 14 states, offering a variety of health insurance plans for individuals, families, employers, and Medicare and Medicaid beneficiaries. Anthem is also a leader in social impact, partnering with organizations and communities to address some of the most pressing issues of our time, such as diversity, equity, inclusion, health, human rights, sustainability, and more.

Anthem’s company history and mission

Anthem’s history dates back to 1946, when it began as Mutual Hospital Insurance Inc. and Mutual Medical Insurance Inc. in Indianapolis, Indiana. Over the years, the company grew significantly, acquiring and merging with several other health insurance companies, such as Blue Cross and Blue Shield of Indiana, Kentucky, Ohio, and others. In 1995, the company changed its name to Anthem Insurance Company, and in 2004, it merged with WellPoint Health Networks, becoming the largest for-profit managed health care company in the Blue Cross Blue Shield Association. In 2014, the company rebranded itself as Anthem, Inc., reflecting its commitment to being a trusted health partner for consumers and a leader in improving the health of communities.

Anthem’s mission is to improve the lives of the people it serves and the health of its communities. Anthem believes that everyone deserves access to affordable, quality health care, and that health care should be simple, transparent, and personalized. Anthem also believes that health care should address the whole person, not just the physical aspects, but also the mental, emotional, and social aspects. That’s why Anthem offers a range of services and programs to support its members’ health and well-being, such as virtual care, care management, behavioral health, pharmacy, dental, vision, and more.

Anthem’s services and products

Anthem offers a wide range of services and products to meet the diverse needs of its members and customers. Some of these include:

Medical care: Anthem provides medical coverage for preventive, primary, specialty, and emergency care, as well as hospitalization, surgery, maternity, and more. Anthem’s medical plans are designed to fit different budgets and preferences, such as HMO, PPO, POS, EPO, HDHP, and others. Anthem also offers Medicare and Medicaid plans for eligible individuals and groups.

Pharmacy and prescription drugs: Anthem helps its members manage their medications and save money on prescriptions. Anthem’s pharmacy benefits include coverage for generic and brand-name drugs, mail-order delivery, specialty pharmacy, and more. Anthem also offers tools and resources to help members find the best prices, compare drugs, and order refills.

Dental and vision: Anthem offers dental and vision plans that cover exams, cleanings, x-rays, fillings, crowns, implants, glasses, contacts, and more. Anthem’s dental and vision plans also include discounts on other services and products, such as orthodontics, LASIK, hearing aids, and more.

Supplemental insurance: Anthem offers supplemental insurance plans that help members cover the costs of unexpected health care events, such as accidents, critical illnesses, and hospital stays. These plans pay cash benefits directly to the members, regardless of their other insurance coverage, and can be used for any expenses, such as deductibles, copays, rent, groceries, and more.

Limited duration insurance: Anthem offers limited duration insurance plans that provide short-term coverage for individuals who have lost coverage through job loss, don’t qualify for ACA subsidies, or have other unique circumstances. These plans cover doctor visits, prescriptions, and more, and are available in select states.

Anthem’s insurance benefits

Anthem’s insurance benefits vary depending on the type of plan, the state of residence, and the eligibility criteria. However, some of the common benefits that Anthem offers to its members are:

Access to a large network of doctors and hospitals: Anthem has contracts with over 800,000 doctors and 6,000 hospitals across the country, giving its members access to quality care and lower costs. Anthem also allows its members to choose their own doctors and hospitals, depending on their plan type and preferences.

Discounts on health-related products and services: Anthem offers its members discounts on various health-related products and services, such as contact lenses, gym memberships, fitness programs, weight management programs, smoking cessation programs, and more. These discounts can help members save money and improve their health and wellness.

Virtual care: Anthem offers its members the option to visit with a doctor from their mobile device, 24/7, through its LiveHealth Online service. This service allows members to get diagnosis, treatment, and prescriptions for common health issues, such as colds, flu, allergies, infections, rashes, and more. Virtual care can save members time and money, and provide them with convenient and confidential care.

Sydney Health app: Anthem’s mobile app, Sydney Health, makes it easy for members to find doctors, information on benefits and claims, and more. Sydney Health also allows members to start a live chat with an Anthem representative, access their member ID card, manage their prescriptions, and more. Sydney Health is available for iOS and Android devices.

24/7 NurseLine: Anthem offers its members access to a 24/7 NurseLine, where they can speak to a registered nurse anytime, day or night, for free. The NurseLine can provide members with health information, advice, and support, as well as help them decide if they need to see a doctor, go to the emergency room, or use another service. The NurseLine can also help members with chronic conditions, such as diabetes, asthma, and heart disease, manage their health and medications.

Anthem’s funding rounds and investors

Anthem is a publicly traded company, listed on the New York Stock Exchange under the symbol ANTM. Anthem has raised funding over 2 rounds from 3 investors. Investors include Tekla Capital Management, JANA Partners, and 1 other. Their latest funding round was of $2.5B on Sep 16, 20194

Anthem’s funding history is as follows:

1. Sep 16, 2019: Anthem raised $2.5B in a conventional debt round4

2. Jun 07, 2019: Anthem raised $1.18M in a post-IPO round4

Anthem’s partnerships and collaborations

Anthem has partnered and collaborated with various organizations and communities to address some of the most pressing issues of our time, such as diversity, equity, inclusion, health, human rights, sustainability, and more. Some of these partnerships and collaborations are:

Medi-Cal: Anthem serves Medi-Cal recipients in 16 counties in California, offering low-cost coverage for children, adults, and families who qualify for state-sponsored programs. Anthem also provides a range of services and programs to support its Medi-Cal members’ health and well-being, such as virtual care, care management, behavioral health, pharmacy, dental, vision, and more.

Anthem Partner APIs: Anthem has created a suite of APIs to power real-time digital experiences and drive the future of agency and benefit administration platforms. Anthem’s APIs enable partners to submit and manage new and existing business, access commissions data, track application status, and more. Anthem’s APIs are available for all Anthem lines of business.

Epic: Anthem and Epic have launched a data-sharing partnership that aims to streamline administrative processes, such as prior authorizations, and provide providers with more real-time data on patient behaviors, such as medication adherence. The partnership leverages Epic’s Share Everywhere feature, which allows patients to grant access to their electronic health records to any provider who has internet access. The partnership also uses Epic’s Payer Platform, which allows payers and providers to exchange information and collaborate on care delivery.

AMH Health: Anthem and MaineHealth have launched a joint venture, AMH Health, LLC, which is an equal partnership that unites the health care delivery expertise of MaineHealth with Anthem’s experience designing innovative benefits that make it easier for consumers to lead healthier lives. The joint venture plans to use Anthem’s existing Medicare HMO provider network and offer Medicare Advantage plans to Maine residents starting in 2022.

IBM: Anthem and IBM have a long-term strategic partnership that leverages IBM’s cloud, analytics, and artificial intelligence capabilities to transform Anthem’s IT infrastructure and business processes. The partnership aims to enhance Anthem’s operational efficiency, customer experience, and innovation. IBM also provides Anthem with managed services for data center, network, and security operations.

CVS Health: Anthem and CVS Health have a collaboration that enables Anthem to offer its members access to CVS Health’s pharmacy services, including its retail pharmacies, mail-order delivery, specialty pharmacy, and MinuteClinic locations. The collaboration also allows Anthem to launch its own pharmacy benefit manager, IngenioRx, which leverages CVS Health’s pharmacy network, claims processing, and prescription fulfillment.

American Heart Association: Anthem and the American Heart Association have a partnership that supports the AHA’s mission to be a relentless force for a world of longer, healthier lives. The partnership focuses on improving cardiovascular health, addressing health disparities, and promoting health equity. Some of the initiatives that the partnership supports include Check. Change. Control. Cholesterol, Target: BP, EmPOWERED to Serve, and Go Red for Women.

Feeding America: Anthem and Feeding America have a partnership that addresses food insecurity, which affects millions of Americans and contributes to poor health outcomes. The partnership provides funding, volunteerism, and advocacy to support Feeding America’s network of food banks and food pantries across the country. The partnership also supports research and innovation to identify and implement effective solutions to end hunger.

Anthem’s awards and recognition

Anthem has received numerous awards and recognition for its excellence in health care, social impact, innovation, diversity, and more. Some of these awards and recognition are:

1. Fortune 500: Anthem ranked 29th on the Fortune 500 list of the largest U.S. corporations by revenue in 2020, making it the highest-ranked health insurance company on the list. Anthem also ranked 3rd on the Fortune 500 list of the most admired health care companies in 2020.

2. Forbes Global 2000: Anthem ranked 97th on the Forbes Global 2000 list of the world’s largest public companies in 2020, based on four metrics: sales, profits, assets, and market value. Anthem also ranked 4th on the Forbes Global 2000 list of the world’s best employers in 2020, based on employee satisfaction, social responsibility, and reputation.

3. Human Rights Campaign: Anthem received a perfect score of 100 on the Human Rights Campaign’s Corporate Equality Index in 2020, which measures how well companies support LGBTQ+ employees and customers. Anthem also earned the designation of Best Place to Work for LGBTQ+ Equality in 2020.

4. DiversityInc: Anthem ranked 23rd on the DiversityInc Top 50 Companies for Diversity list in 2020, which recognizes companies that excel in hiring, retaining, and promoting women, minorities, people with disabilities, LGBTQ+ people, and veterans. Anthem also ranked 8th on the DiversityInc Top 15 Companies for People with Disabilities list in 2020.

5. Ethisphere: Anthem was named one of the World’s Most Ethical Companies by Ethisphere in 2020, which honors companies that demonstrate ethical leadership and corporate responsibility. Anthem was one of only three health care companies to receive this recognition in 2020.

Why choose anthem as your health insurance partner?

Anthem is a portal to a world of health insurance solutions that can help you and your loved ones live healthier, happier, and more fulfilling lives. By choosing anthem as your health insurance partner, you can enjoy the following benefits:

A. Access to affordable, quality health care from a large network of doctors and hospitals across the country

B. Discounts on health-related products and services that can help you save money and improve your health and wellness

C. Virtual care that can provide you with convenient and confidential diagnosis, treatment, and prescriptions for common health issues

D. Sydney Health app that can help you manage your benefits, claims, prescriptions, and more from your mobile device

E. 24/7 NurseLine that can provide you with health information, advice, and support anytime, day or night

F. Supplemental insurance that can help you cover the costs of unexpected health care events, such as accidents, critical illnesses, and hospital stays

G. Limited duration insurance that can provide you with short-term coverage for unique circumstances, such as job loss or gap in coverage

H. Medicare and Medicaid plans that can provide you with low-cost or free coverage for eligible individuals and groups

I. Social impact that can make a positive difference in the world by addressing issues such as diversity, equity, inclusion, health, human rights, sustainability, and more.

So, what are you waiting for? Visit anthem.com today and find the health insurance plan that’s right for you. Anthem is your trusted partner for health insurance solutions.

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.