Anthem Inc. Stock

Description Anthem

Anthem, Inc. (ANTM) is a publicly-traded company that operates as a health insurance provider. The company is headquartered in Indianapolis, Indiana, and offers a range of health insurance products and related services to individuals, employers, and government entities. Anthem operates in many states throughout the United States and has been in operation since the 1940s. The company's business segments include commercial and specialty business, government business, and other operations. The commercial and specialty business segment offers health insurance products to employers and individuals. The government business segment offers managed care services to Medicaid and Medicare beneficiaries. Other operations include services such as dental, vision, and disability insurance. As of 2021, Anthem had a market capitalization of approximately $91 billion and reported revenues of $121 billion in 2020.

Competitors of Anthem

Anthem (Symbol: ANTM) is a health insurance company that operates in the United States. In terms of competitors, the most important ones are other large insurance companies that offer similar products and services.

1. UnitedHealth Group (UNH): This is the biggest health insurance company in the US, with a market share of 14.2% as of 2021. UNH offers a broad range of health plans for individuals, families, and businesses, as well as services beyond traditional health insurance, such as pharmacy benefits management.

2. Cigna (CI): One of the larger health insurance companies in the US, Cigna provides health, dental, and vision plans to individuals, employers, and governments. In addition to health insurance, Cigna offers disability, life, and accident insurance policies.

3. Aetna (AET): Aetna is a health insurance company that offers a range of health plans, including medical, dental, and vision coverage. AET has been part of CVS Health since 2018, and the combined company offers a variety of healthcare services, including pharmacy, retail clinics, and health management programs.

4. Humana (HUM): Humana offers a variety of health plans, including Medicare Advantage and Medicaid plans, commercial health insurance plans, and specialty insurance products. Humana also offers wellness and healthcare management programs.

5. Kaiser Permanente: Kaiser Permanente is a not-for-profit healthcare organization that offers health plans, medical services, and health-centered research. As an integrated healthcare delivery system, Kaiser Permanente provides its own healthcare facilities and employs its own healthcare providers.

Suppliers of Anthem

As a health insurance provider, Anthem relies on a number of suppliers to support its operations. Some of the most important suppliers for Anthem include:

1. Healthcare providers: Anthem relies on healthcare providers such as hospitals, clinics, and physicians to deliver healthcare services to its customers. These providers play a critical role in ensuring that Anthem's customers receive high-quality healthcare.

2. Information technology services: Anthem's operations rely heavily on technology, and the company relies on a number of IT suppliers for services such as cloud computing, software development, and cybersecurity.

3. Pharmaceutical companies: Anthem offers prescription drug coverage to its customers, so pharmaceutical companies are important suppliers for the company. Anthem negotiates pricing and coverage terms with these companies to ensure that its customers have access to the medications they need.

4. Medical equipment and supplies: Anthem also relies on suppliers of medical equipment and supplies, such as diagnostic imaging machines and medical devices.

5. Claims processing services: As a health insurance provider, Anthem processes and pays out a large number of claims each year. The company relies on suppliers of claims processing services to help manage this aspect of its business.