5 min read

When Was Anthem Founded? A Brief History of the Company

Written by
Team Orca
Published on
February 13, 2024
Est read time
5 min read

Understanding Anthem's Origins

Every company has its story, and Anthem is no exception. Let's delve into the origins of this iconic establishment and discover how it all began.

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The Founding Year of Anthem

It all started in 1944 when Anthem was founded. Yes, you heard that right! This remarkable company has been in existence for over seven decades, defying the odds and standing the test of time. But who were the visionaries behind Anthem's establishment?

The Visionaries Behind Anthem's Establishment

Anthem was founded by a dynamic duo - Leonard D. Schaeffer and Jack B. Stephens. These visionaries had grand ambitions and a burning desire to create a company that would revolutionize the industry. Little did they know that their brainchild would go on to become a trailblazer in the years to come.

Leonard D. Schaeffer, a visionary leader with a background in healthcare management, brought his expertise and passion to the table. His deep understanding of the industry's challenges and his relentless pursuit of innovative solutions set the foundation for Anthem's success. With a keen eye for identifying opportunities, Schaeffer was able to navigate the complex landscape of healthcare and shape Anthem into a formidable force.

On the other hand, Jack B. Stephens, a seasoned entrepreneur with a knack for business strategy, brought a fresh perspective to the table. His entrepreneurial spirit and ability to think outside the box were instrumental in shaping Anthem's growth trajectory. Stephens' unwavering commitment to excellence and his relentless drive to push boundaries propelled Anthem to new heights.

Together, Schaeffer and Stephens formed an unstoppable team, combining their unique skill sets and unwavering determination to create a company that would redefine the healthcare industry. Their shared vision of providing accessible and affordable healthcare to all became the driving force behind Anthem's mission.

As Anthem continued to grow and evolve, Schaeffer and Stephens remained at the helm, guiding the company through various challenges and opportunities. Their leadership and unwavering commitment to their vision ensured that Anthem stayed true to its founding principles, even as it expanded its reach and influence.

From Anthem to Elevance

Anthem underwent a significant rebranding in 2022, changing its name to Elevance Health. This shift wasn't just cosmetic; it reflected a strategic move towards becoming more than just a traditional health insurance provider. The new name, a blend of "elevate" and "advance," symbolizes their commitment to go beyond basic healthcare and focus on improving total well-being. While their popular Blue Cross Blue Shield plans retain their established brand, the rebranding extends to other areas like pharmacy services, now known as Carelon.

How History Shapes Anthem's Current Operations

Anthem's rich history continues to shape its current operations. The principles formed over the years guide every decision, ensuring that Anthem stays true to its founding vision while adapting to the ever-changing needs of its customers. It's a delicate balance, but one that Anthem has mastered.

Inspired by Anthem's legacy of innovation and commitment to healthcare, Venteur is carrying the torch forward with its own revolutionary approach to health insurance. Like Anthem, we at Venteur understand the importance of adapting to the needs of our customers and the industry. Our Individual Coverage Health Reimbursement Arrangements are designed to empower employees with high touch support, embracing the consumerism and personalization that modern healthcare demands. If you're ready to experience the future of health insurance, talk to a Venteur benefits expert to learn more and take the first step towards a more personalized healthcare journey.

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