Elevance Health Inc. ANTM | NYSE

Company Info

Elevance Health Inc. (ANTM) had its IPO on 2001-10-30, and is traded on NYSE stock exchange.

Anthem, Inc. is a U.S.-based health benefits corporation that operates through its various subsidiary companies. Its operations are structured across four main divisions: Commercial & Specialty Business, Government Business, IngenioRx, and a general 'Other' category. The company provides a wide array of network-based managed care health plans, catering to diverse clientele including large and small employer groups, individual consumers, and participants in the Medicaid and Medicare programs. Its comprehensive managed care portfolio encompasses various options such as Preferred Provider Organizations (PPOs), Health Maintenance Organizations (HMOs), Point-of-Service (POS) plans, traditional indemnity coverage, and hybrid models like consumer-driven health plans, alongside specialized hospital-only and limited benefit offerings. Furthermore, Anthem offers a suite of managed care services for self-funded clients, including claims administration, underwriting, stop-loss insurance, actuarial analysis, access to its provider network, medical and disease management programs, wellness initiatives, and other administrative support. Beyond core health plans, the company delivers various specialty insurance products and services, including pharmacy benefits management (PBM), dental, vision, life, and disability insurance, as well as personalized healthcare solutions powered by analytics. It also serves the federal government through the Federal Employee Program and functions as a licensed entity of the Blue Cross and Blue Shield Association. By the close of 2021, specifically December 31st, its affiliated health plans collectively covered 45 million medical members. Tracing its origins back to its founding in Indianapolis, Indiana, in 1944, the company was initially named WellPoint, Inc. before rebranding as Anthem, Inc. in December 2014.

ANTM website: https://www.antheminc.com