STOCK TITAN

Amerigroup Health Plans to be renamed Wellpoint in January 2024

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Elevance Health (formerly Amerigroup) to Rebrand as Wellpoint in 2024, Focusing on Whole Health Approach
Positive
  • None.
Negative
  • None.
  • New name reflects the company’s continued evolution to deliver whole health
  • Wellpoint focused on improving the health of individuals and communities at all points of life
  • No impact or changes to members’ health plan benefits, services and care provider network as a result of the new name

INDIANAPOLIS--(BUSINESS WIRE)-- Amerigroup, a subsidiary of Elevance Health serving Medicaid and Medicare enrollees, will begin rebranding as Wellpoint in January 2024, to reflect the company’s evolution to support whole health.

“This rebranding is a continuation of our bold and ambitious purpose to improve the health of humanity by serving people across their entire health journey; connecting them to care, support and resources; and simplifying healthcare to make health more equitable and accessible,” said Felicia Norwood, EVP and President, Government Health Benefits for Elevance Health. “Our local presence enables us to design our benefits and programs to fit the unique needs of each community we serve. Wellpoint is a name that illustrates our dedication to being a lifetime, trusted health partner with a mission to help people live well across all life points.”

Wellpoint’s suite of health benefits is designed for consumers at any stage of life offering access to simple, supportive health solutions to help foster whole person health, including services from in-home wellness visits and transportation to the deployment of mobile medical clinics in low-income and rural communities. In addition, Wellpoint plans are committed to helping individuals improve their health through Healthy Reward incentives for wellness visits and added benefits such as dental hygiene kits, supplies for new mothers, resources to support emotional wellbeing and spending allowances for seniors to purchase healthy groceries and pay for utilities.

Following regulatory approval, the new name will take effect in January 2024, in Arizona, Iowa, New Jersey, Tennessee, Texas and Washington. There will be no impact or changes to Wellpoint members’ healthcare benefits or coverage. Members will continue to have access to their established primary care providers, specialists, hospitals and other healthcare facilities. Also, healthcare providers who serve Wellpoint members will have continued access to tools and resources to help streamline day-to-day administrative tasks.

For member and provider information and updates, please visit www.wellpoint.com.

ABOUT WELLPOINT

Wellpoint, part of the Elevance Health family of brands, focuses on improving physical health as well as the behavioral and social drivers that impact it through a comprehensive suite of Medicare, Medicaid, and Commercial products. The Wellpoint companies offer healthcare services for consumers at any stage of life seeking to make the right care decisions and helps individuals and communities make real, positive progress with health plans that foster independence, confidence, and whole-person health. For more information, please visit www.wellpoint.com.

Tony Felts

317-439-6751

Tony.Felts@elevancehealth.com

Source: Elevance Health, Inc.

FAQ

What is the new name for Amerigroup?

The new name for Amerigroup is Wellpoint, reflecting the company's focus on whole health.

When will the rebranding as Wellpoint take place?

The rebranding as Wellpoint will begin in January 2024.

Will there be any impact on members' health plan benefits and services due to the rebranding?

No, there will be no impact or changes to members' health plan benefits, services, or care provider network as a result of the new name.

What kind of health benefits will Wellpoint offer?

Wellpoint's suite of health benefits is designed for consumers at any stage of life, offering access to simple, supportive health solutions to help foster whole person health.

In which states will the new name take effect in January 2024?

Following regulatory approval, the new name will take effect in January 2024 in Arizona, Iowa, New Jersey, Tennessee, Texas, and Washington.

Elevance Health, Inc.

NYSE:ELV

ELV Rankings

ELV Latest News

ELV Stock Data

121.98B
232.05M
0.21%
92.17%
0.9%
Direct Health and Medical Insurance Carriers
Finance and Insurance
Link
United States of America
INDIANAPOLIS

About ELV

Elevance Health, Inc. is an American health insurance provider. Prior to June 2022, Elevance Health was named Anthem, Inc.