FKnol.com

Financial Knowledge & Information Portal

Anthem (ANTM) Company Profile

Updated Mar 8, 2019
Anthem has the following business profile:
Company's Full Name:Anthem Inc.
Short Name:Anthem
Trading Ticker Symbol:ANTM
Primary Exchange:NYSE
Headquarter City/Country:Indianapolis, Indiana
Primary Industry Sector:Health Care
Seconday Sub-sector:Medical Specialities
Main Business Areas: Health Care, Medical Specialities, Health Care Plans
Dividend Payments:Dividend History

Market and Trading Information for Anthem

The following details were available for trading and market data about the stock of Anthem as of writing:
Current Share Price:$295.04
Previous Year's Closing Price:$262.63
Percentage Price Change (YTD):12.34%
Market Cap:$75.83 billion
52-week Price Range:$215.52 - $317.99
Dividend Per Share:$2.95
EPS (TTM):14.19
Price-Earnings (Trailing):20.79
Price-Earnings (Forward):13

Company Profile and Business Description for Anthem

Anthem, Inc., incorporated on July 17, 2001, is a health benefits company. The Company operates through three segments: Commercial and Specialty Business, Government Business and Other. It offers a full spectrum of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations (PPOs); health maintenance organizations (HMOs); point-of-service (POS), plans; indemnity plans and other hybrid plans, including consumer-driven health plans (CDHPs); and hospital only and limited benefit products. In addition, it provides an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services. It provides an array of specialty and other insurance products and services, such as dental, vision, life and disability insurance benefits, radiology benefit management and analytics-driven personal healthcare. It also provides services to the federal government in connection with the Federal Employee Program (FEP).

The Company offers various products and services, such as PPO, CDHPs, Traditional Indemnity, Health Maintenance Organization, POS, ACA Public Exchange and Off-Exchange Products, Administrative Services, BlueCard, Medicare Plans, Individual Plans, Medicaid Plans and Other State-Sponsored Programs, Pharmacy Products, Life Insurance, Disability, Radiology Benefit Management, Personal HealthCare Guidance, Dental, Vision Services and Products, and Medicare Administrative Operations. The Company's medical membership includes seven customer types: Local Group, Individual, National Accounts, BlueCard, Medicare, Medicaid and FEP. PPO products offer the member an option to select any healthcare provider, with benefits reimbursed by it at a higher level when care is received from a participating network provider. CDHPs provide consumers with increased financial responsibility, choice and control regarding how their healthcare dollars are spent. Indemnity products offer the member an option to select any healthcare provider for covered services.

The Company's HMO products include managed care benefits, through a participating network of physicians, hospitals and other providers. POS products blend the characteristics of HMO, PPO and indemnity plans. Members can have HMO-style benefits through participating network providers with minimum out-of-pocket expenses (co-payments) and also can go directly, without a referral, to any provider they choose, subject to, among other things, certain deductibles and coinsurance. In its Individual markets it offers bronze, silver and gold products, both on and off the public exchanges, in California, Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri, Nevada, New Hampshire, New York, Ohio, Virginia and Wisconsin. Additionally, it offers platinum products, both on and off the public exchanges, in California and New York. In its Small Group markets, it offers bronze, silver and gold products, off the public exchanges, in California, Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri, Nevada, New Hampshire, New York, Ohio, Virginia and Wisconsin. It offers platinum products, off the public exchanges, in California, Colorado, Connecticut, Georgia, Indiana, Kentucky, New York, Virginia and Wisconsin. It offers bronze, silver and gold products, on the public exchanges, in Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri, Nevada, New Hampshire, Ohio and Virginia. Additionally, it offers platinum products on the public exchange in Connecticut.

The Company provides administrative services to Large Group employers that maintain self-funded health plans. These administrative services include underwriting, actuarial services, medical cost management, disease management, wellness programs, claims processing and other administrative services for self-funded employers. Self-funded health plans are also able to use its provider networks and to realize savings through its negotiated provider arrangements, while allowing employers the ability to design certain health benefit plans in accordance with their own requirements and objectives. It also underwrites stop loss insurance for self-funded plans. Its BlueCard is a national program that links participating healthcare providers and independent Blue Cross and Blue Shield Association (BCBS) plans. BlueCard host members are generally members residing in or travel to a state in which an Anthem subsidiary is the Blue Cross and/or Blue Shield licensee and who are covered under an employer sponsored health plan serviced by a non-Anthem controlled BCBS licensee, which is the home plan. It performs certain administrative functions for BlueCard host members, for which it receives administrative fees from the BlueCard members' home plans. Other administrative functions, including maintenance of enrollment information and customer service, are performed by the home plan.

As of December 31, 2016, the Company offered a range of plans, products and options to individuals age 65 and older, such as Medicare supplement plans; Medicare Advantage, including special needs plans; Medicare Part D Prescription Drug Plans (Medicare Part D); and Medicare-Medicaid Plans (MMPs). Medicare Advantage plans provide Medicare beneficiaries with a managed care alternative to Medicare and often include a Medicare Part D benefit. In addition, its Medicare Advantage special needs plans provided benefits to Medicare beneficiaries having chronic diseases and also covered certain dual eligible customers, who are low-income seniors and persons under age 65 with disabilities, as of December 31, 2016. Medicare Part D offers a prescription drug plan to Medicare and MMP beneficiaries. MMP is a demonstration program focused on serving members who are dually eligible for Medicaid and Medicare, which was established as a result of the passage of the ACA. It offers these plans to customers through its health benefit subsidiaries throughout the country, including Amerigroup, CareMore and Simply Healthcare. It offers a range of health insurance plans with a range of options and deductibles for individuals who are not covered by employer-sponsored coverage and are not eligible for government sponsored plans, such as Medicare and/or Medicaid. Individual policies are sold through independent agents and brokers, retail partnerships, its in-house sales force or through the Internet. Individual business is sold on a fully-insured basis. It offers on-exchange products through public exchanges and off-exchange products.

The Company offers an array of individual and group life insurance benefit products to both Large Group and Small Group customers in conjunction with its health plans. The life products include term life and accidental death and dismemberment. It offers short-term and long-term disability products in conjunction with its health plans. It offers outpatient diagnostic imaging management services to health plans. These services include utilization management for diagnostic imaging procedures, network development and optimization, patient safety, claims adjudication and provider payment. It offers evidence-based and analytics-driven personal healthcare guidance. Its dental plans include networks in certain states in which it operates. Its vision plans include networks within the states in which it operates. Its Medical Management Programs include Precertification, Care Coordination, Case Management, Formulary management, Medical policy, Quality programs, External review procedures, Service management, Provider Cost Comparison Tools, Personal HealthCare Guidance and Anthem Health Guide. Its Care Management Programs include ConditionCare and FutureMoms, 24/7 NurseLine, ComplexCase Management, MyHealth Advantage, MyHealth Coach, HealthyLifestyles, Behavioral Health Case Management, Autism Spectrum Disorder and Employee Assistance Programs.

The Company's Commercial and Specialty Business and Government Business segments both offer a diversified mix of managed care products, including PPOs, HMOs, traditional indemnity benefits and POS plans, as well as a range of hybrid benefit plans, including CDHPs, hospital only and limited benefit products. Its Commercial and Specialty Business segment includes its Local Group, National Accounts, Individual and Specialty businesses. Business units in the Commercial and Specialty Business segment offer fully-insured health products; provide an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services; and provide an array of specialty and other insurance products and services, such as dental, vision, life and disability insurance benefits, radiology benefit management and analytics-driven personal healthcare guidance. The Company's Government Business segment includes Medicare and Medicaid businesses, National Government Services (NGS), and services provided to the federal government in connection with FEP. Medicare business includes services, such as Medicare Advantage, Medicare Part D, and Medicare Supplement. Medicaid business includes its managed care alternatives through publicly funded healthcare programs, including Medicaid; Temporary Assistance for Needy Family programs (TANF); programs for seniors and people with disabilities (SPD); programs for long-term services and support (LTSS); CHIP; and ACA-related Medicaid expansion programs. NGS acts as a Medicare contractor for the federal government in several regions across the nation.

120 Monument Cir

Peer / Competitor Companies of Medical Specialities Sector

Along with Anthem Inc., the following other peer (competitor) companies also exist within the same Medical Specialities - Health Care sector whose company profile and dividend history is as follows:

▶ AAC (AAC): AAC Holdings, Inc., incorporated on February 12, 2014, is a provider of inpatient and outpatient substance abuse treatment services for individuals with drug and alcohol addiction. The Company performs drug ....See Detailed Company Profile  and Dividend History.

▶ Acadia Healthcare (ACHC): Acadia Healthcare Company, Inc. develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities, and outpatient behavioral healthcare fac....See Detailed Company Profile  and Dividend History.

▶ Aetna (AET): Aetna Inc., incorporated on December 20, 1982, is a diversified healthcare benefits company. The Company operates through three segments: Health Care, Group Insurance and Large Case Pensions. The Company offers ....See Detailed Company Profile  and Dividend History.

▶ American Shared Hospital (AMS): American Shared Hospital Services, incorporated on October 30, 1983, provides Gamma Knife stereotactic radiosurgery equipment and radiation therapy and related equipment to approximately 20 medical centers in approximately 20 states ....See Detailed Company Profile  and Dividend History.

▶ Anthem (ANTX): Anthem, Inc., incorporated on July 17, 2001, is a health benefits company. The Company operates through three segments: Commercial and Specialty Business, Government Business and Other. It offers a full ....See Detailed Company Profile  and Dividend History.

▶ Biocept (BIOC): Biocept, Inc., incorporated on June 28, 2013, is an early commercial-stage molecular oncology diagnostics company. The Company develops and commercializes circulating tumor cell (CTC) and circulating tumor deoxyribonucleic acid (ctDNA), ....See Detailed Company Profile  and Dividend History.

▶ BioTelemetry (BEAT): BioTelemetry, Inc., incorporated on April 12, 2013, provides monitoring services and digital population health management in a healthcare setting, medical device manufacturing and centralized laboratory services for clinical research. The ....See Detailed Company Profile  and Dividend History.

▶ Cancer Genetics (CGIX): Cancer Genetics, Inc., incorporated on April 8, 1999, is engaged in the field of personalized medicine, enabling precision medicine in the field of oncology through its diagnostic products and services ....See Detailed Company Profile  and Dividend History.

▶ CareDx (CDNA): CareDx, Inc., incorporated on December 21, 1998, is a molecular diagnostics company. The Company is focused on the discovery, development and commercialization of clinically differentiated diagnostic surveillance solutions for transplant ....See Detailed Company Profile  and Dividend History.

▶ Centene (CNC): Centene Corporation, incorporated on September 26, 2001, is a healthcare company. The Company provides a portfolio of services to government sponsored healthcare programs, focusing on under-insured and uninsured individuals. The ....See Detailed Company Profile  and Dividend History.

▶ Cesca Therapeutics (KOOL): Cesca Therapeutics Inc., incorporated on July 3, 1986, is clinical-stage biotechnology company. The Company develops and markets integrated cellular therapies and delivery systems. The Company is engaged in developing and ....See Detailed Company Profile  and Dividend History.

▶ CIGNA (CI): Cigna Corporation (Cigna), incorporated on November 3, 1981, together with its subsidiaries, is a health services company. The Company offers medical, dental, disability, life and accident insurance and related products ....See Detailed Company Profile  and Dividend History.

▶ Enzo Biochem (ENZ): Enzo Biochem, Inc. (Enzo), incorporated on August 13, 1976, is a bioscience company focusing on delivering and applying technology capabilities to produce products and services. The Companys segments include Enzo ....See Detailed Company Profile  and Dividend History.

▶ Foundation Medicine (FMI): Foundation Medicine, Inc., incorporated on November 12, 2009, is a molecular information company. The Company sells products that are enabled by its molecular information platform to physicians and biopharmaceutical companies. ....See Detailed Company Profile  and Dividend History.

▶ Fulgent Genetics (FLGT): Fulgent Genetics, Inc. is a technology company. The Company offers genetic testing to provide physicians with clinically actionable diagnostic information to improve quality of patient care. The Company has developed ....See Detailed Company Profile  and Dividend History.

▶ Genomic Health (GHDX): Genomic Health, Inc., incorporated on August 22, 2000, is a healthcare company that provides genomic-based diagnostic tests to personalize cancer treatment. The Company develops and globally commercializes genomic-based clinical laboratory ....See Detailed Company Profile  and Dividend History.

▶ Henry Schein (HSIC): Henry Schein, Inc., incorporated on December 23, 1992, is a provider of healthcare products and services primarily to office-based dental, animal health and medical practitioners. The Company operates through two ....See Detailed Company Profile  and Dividend History.

▶ Humana (HUM): Humana Inc. (Humana), incorporated on July 27, 1964, is a health and well-being company. The Companys segments include Retail, Group, Healthcare Services and Other Businesses. The Retail segment consists of ....See Detailed Company Profile  and Dividend History.

▶ Invitae (NVTA): Invitae Corporation, incorporated on January 13, 2010, utilizes an integrated portfolio of laboratory processes, software tools and informatics capabilities to process deoxyribonucleic acid (DNA)-containing samples, analyze information about patient-specific genetic ....See Detailed Company Profile  and Dividend History.

▶ Kewaunee Scientific (KEQU): Kewaunee Scientific Corporation, incorporated on June 15, 1970, is engaged in the design, manufacture and installation of laboratory, healthcare and technical furniture products. The Companys products include steel, wood and ....See Detailed Company Profile  and Dividend History.

... See Full List of All Stocks of Medical Specialities Sector.

Stock List of Other Health Care Sub-sectors

▶ Stocks of Sector

▶ Stocks of Biotech Sector

▶ Stocks of Biotech Apparatus Sector

▶ Stocks of Biotech Diagnostics Sector

▶ Stocks of Biotech Products Sector

▶ Stocks of Biotech Research Sector

▶ Stocks of Drug Delivery Sector

▶ Stocks of Drug Development Sector

▶ Stocks of Drug Manufacturer Sector

▶ Stocks of Health Care Sector

▶ Stocks of Health Care Equipment and Services Sector

▶ Stocks of Hospital and Nursing Management Sector

▶ Stocks of Industrial Specialties Sector

▶ Stocks of Major Pharmaceuticals Sector

▶ Stocks of Medical Dental Instruments Sector

▶ Stocks of Medical Electronics Sector

▶ Stocks of Medical Nursing Services Sector

▶ Stocks of Medical Products Sector

▶ Stocks of Medical Specialities Sector

▶ Stocks of Ophthalmic Goods Sector

▶ Stocks of Other Pharmaceuticals Sector

▶ Stocks of Precision Instruments Sector


Stock List of Other Top-level Sectors

▶ Stocks of Sector

▶ Stocks of Basic Industries Sector

▶ Stocks of Basic Materials Sector

▶ Stocks of Capital Goods Sector

▶ Stocks of Communication Services Sector

▶ Stocks of Consumer Cyclical Sector

▶ Stocks of Consumer Defensive Sector

▶ Stocks of Consumer Durables Sector

▶ Stocks of Consumer Non-Durables Sector

▶ Stocks of Consumer Services Sector

▶ Stocks of Energy Sector

▶ Stocks of Finance Sector

▶ Stocks of Financial Services Sector

▶ Stocks of Health Care Sector

▶ Stocks of Industrials Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Public Utilities Sector

▶ Stocks of Real Estate Sector

▶ Stocks of Services Sector

▶ Stocks of Technology Sector

▶ Stocks of Transportation Sector

▶ Stocks of Utilities Sector