Anthem Inc.

On November 30, 2004, Anthem, Inc. completed its merger with WellPoint Health Networks, which resulted in the formation of the largest health insurance company in the United States at the time. This merger was a significant event in the health insurance industry, as it combined the resources and networks of two major players. The combined entity continued under the WellPoint name until later rebranding as Anthem, Inc.

On November 28, 2012, Anthem, Inc., then known as WellPoint, agreed to pay a record $1.7 million fine to the U.S. Department of Health and Human Services. This settlement was to resolve potential violations of the Health Insurance Portability and Accountability Act (HIPAA) Privacy and Security Rules after a security breach in 2009. It was the largest fine related to healthcare privacy and security at the time, highlighting the importance of regulatory compliance.

On February 5, 2015, Anthem Inc. disclosed a massive data breach that exposed the personal information of approximately 78.8 million individuals, including both current and former customers. The breach was one of the largest in the healthcare industry, with attackers gaining unauthorized access to sensitive data such as names, birthdays, social security numbers, and addresses. This incident prompted widespread concerns about data protection.

On July 24, 2015, Anthem, Inc. announced its intention to acquire Cigna Corporation for $54 billion. This deal was significant as it promised to merge two of the largest health insurers in the United States, potentially creating a behemoth capable of challenging other industry leaders. The merger, however, faced significant regulatory scrutiny and ultimately was blocked by a U.S. federal judge in 2017.

On February 9, 2017, a federal judge blocked the proposed merger between Anthem Inc. and Cigna Corporation, citing concerns about reduced competition and harm to consumers. The decision followed a lawsuit by the U.S. Department of Justice to prevent the merger, which was seen as anticompetitive. The collapse of this $54 billion deal marked a significant setback for Anthem’s expansion plans.

On October 31, 2018, Anthem, Inc. announced its rebranding effort to create a national brand that better represents its identity and mission. This included a new logo and a focus on providing a more personalized health experience through innovative digital solutions and outreach. The rebranding was part of Anthem’s strategy to streamline its services and unify its various offerings under a cohesive brand.

On August 31, 2020, Anthem Inc. completed its acquisition of Beacon Health Options, the largest independently held behavioral health organization in the country. This acquisition was made to enhance Anthem's ability to address mental health care and substance abuse challenges, expanding its behavioral health services and capabilities. The integration of Beacon Health into Anthem signified a strategic expansion into comprehensive healthcare solutions.

In early 2021, Anthem unveiled a new digital platform aimed at transforming the delivery of healthcare through technology. Known as 'Anthem Digital,' the platform was designed to improve patient engagement and provide personalized care experiences by leveraging artificial intelligence and data analytics. This move highlighted Anthem’s commitment to innovation and the utilization of technology to address healthcare challenges.

On June 23, 2021, Anthem, Inc. announced a new partnership with Walmart to enhance access to over-the-counter medications, as well as other health and wellness products. The collaboration aimed to improve access to affordable healthcare products and services for both Anthem’s members and the general public, leveraging Walmart’s wide distribution network. This partnership represented Anthem’s efforts to integrate more closely with retail organizations to provide greater value to consumers.

On June 28, 2022, Anthem, Inc. officially changed its corporate name to Elevance Health, Inc. The rebranding to Elevance Health marked a significant shift in the company's strategy, emphasizing an evolution beyond traditional health insurance to a broader health solutions company. This change aimed to reflect the company's forward-thinking approach and dedication to addressing holistic health needs through its expanding services and innovative solutions.