Who owns Anthem?

Question

Who owns Anthem?

Zippia Team · Accepted Answer

Blue Cross Blue Shield owns Anthem. Anthem is the largest for-profit healthcare company in the Blue Cross Blue Shield Association. In 2022, Anthem changed its name; it is now known as Elevance Health.

In 1946, Anthem began in Indianapolis, Indiana, as Mutual Hospital Insurance Inc. and Mutual Medical Insurance Inc. The companies grew significantly, controlling 80% of the medical insurance market in Indiana by 1970.

Today, Anthem, now Elevance Health, provides many health insurance-related services, including medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans. As of 2022, the company had 46.8 billion members. It is ranked 20th on the Fortune 500 list.

In 2021, Anthem had an annual revenue of $136.9 billion, with 98,200 employees working for the healthcare company.