Do you know about - Providing Coverage For Health, Anthem Faces Many Challenges
Health Insurance Companies! Again, for I know. Ready to share new things that are useful. You and your friends.A leader in the industry, Anthem was founded the 1980s as a corporate spinoff of American general Insurance's group condition coverage operations. In 1993, Anthem merged with Blue Cross and Blue Shield of Kentucky, which was its first cross-state merger. In 1995, Anthem merged with society Mutual, Ohio's Blue Cross and Blue Shield plan. In 1997, Anthem merged with Blue Cross and Blue Shield of Connecticut. In 1999, Anthem acquired New Hampshire, Colorado and Nevada.
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And in 2000, Anthem acquired Blue Cross Blue Shield of Maine. In October 2001, Anthem moved from a mutual organization to a publicly-traded enterprise and conducted an introductory collective gift of tasteless stock and began converting to a for-profit enterprise. In 2002, Anthem acquired the Blue Cross and Blue Shield plan in Virginia, Trigon Healthcare of Virginia. And in 2004, Anthem and WellPoint condition Networks, Inc. Merge to become WellPoint, Inc, the largest member. Wellpoint began gift tasteless stock under the Wlp seal on December 1, 2004.
Anthem was no longer an independent company, but WellPoint continues to use the Anthem name in 11 states. In 2005, WellPoint, Inc. Acquired Lumenos, a leader in consumer-driven condition plans and merged with WellChoice, Inc. In New York. In 2007WellPoint, Inc. Acquired American Imaging management (Aim), the prominent radiology advantage management company. In 2008, WellPoint, Inc. Acquired Resolution Health, Inc., a prominent data analytics-driven personal condition care guidance company.
Wellpoint and its Anthem brand have had their share of issues: In July 2008, WellPoint subsidiary Anthem placed with the California department of Managed condition Care over allegations of improper rescission. WellPoint paid million, reinstated 1,770 policy-holders and agreed to furnish recompense for any healing debts incurred by these policy-holders in the meantime, but did not officially admit liability.
Consumer Watchdog claims that in August 2009, WellPoint's Anthem unit in California urged employees to oppose the Democratic Party-led Congress' plan for condition care reform. In 2009, Anthem received 2 out of 4 stars in Meeting National Standards of Care and How Members Rate Their Hmo on the California Healthcare capability narrative Card. And currently, in 2010, Federal and California regulators are investigating claims of inordinate selected increases.
Health care coverage has a long, convoluted, and controversial history in this country.Anthem and Wellpoint are de facto not alone in their issues: in fact, in the history of health, Anthem and Wellpoint could well be determined a success story.
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