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Anthem Blue Cross and Blue Shield Review

Anthem Blue Cross and Blue Shield Ratings and Company Information

Company Rating:
Best Insurance Reports: 00607
Best Rating: A

Type of Insurance Company: Blue Cross and Blue Shield

Name of Parent Company:
WellPoint, Inc.

Company Overview:
Company History: Anthem traces its origins to Mutual Hospital Insurance, Inc. which was incorporated in Indiana in 1944. Through a series of mergers, acquisitions and reorganizations (including a 2004 merger with WellPoint Health Networks Inc.) Anthem became part of the Wellpoint, Inc., the largest U.S. health benefits company. Wellpoint serves over 34 million members and owns the right to market its products under the Blue Cross or Blue Shield names (or both) in several states. Anthem operates through several health insurance subsidiaries and an Indiana based life insurer. The ultimate parent of the Anthem companies and the other WellPoint companies is the publicly traded traded holding company WellPoint, Inc.

Principle Sales Methods: Wellpoint markets its products through a network of independent agents and brokers as well as through an in-house sales force.

Life Annuity Business: Anthem Life Insurance Company primarily offers group life insurance and group accident and health insurance.

Health Business: Blue Cross and Blue Shield coverages.

Company Financial Status:
Ticker Symbol: WLP
Assets & Premiums: Assets & Premiums: Wellpoint's assets at the end of 2006 totaled $51.8 billion and revenues for 2006 were $57.0 billion.

Lines of Insurance:
Health

States licensed to sell insurance in:
AL, AZ, AR, CO, CT, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MA, MO, MT, NE, NV, NM, NC, ND, OH, OK, OR, SC, SD, TN, TX, UT, VA, WA, WI, WY

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