Forbes December 31, 2024
Elevance Health closed its acquisition of Indiana University Health Plans, adding to its growing portfolio of Anthem Blue Cross and Blue Shield operations.
The company Tuesday said IU Health is “known for its local brand awareness, community involvement, high-touch customer service, and extensive product offerings.” Financial terms of the deal weren’t disclosed.
The bulk of the IU Health business is in the company’s Medicare Advantage plans with 19,000 seniors in 36 Indiana counties enrolled. Another 9,600 health plan members are in “fully-insured commercial plans for employers,” Elevance health said.
Elevance Health operates an array of health insurance plans including Anthem brand Blue Cross and Blue Shield operations in 14 states, including Indiana where the company’s headquarters sits in Indianapolis. IU...
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