Anthem Blue Cross and Blue Shield Parent Company to Acquire Indiana University Health Plans

INDIANAPOLIS – September 10, 2024 – Anthem Blue Cross and Blue Shield announced today that its parent company has entered into an agreement to acquire Indiana University Health Plans (“IU Health Plans”), a managed care organization created by Indiana University Health (“IU Health”). After the acquisition closes, IU Health Plans will operate as part of Anthem Blue Cross and Blue Shield in Indiana.

IU Health Plans is an established managed care plan known for its local brand awareness, community involvement, high-touch customer service, and extensive product offerings. It has continued to earn high-quality scores in its operating region and is committed to community health, well-being and high-quality care for each of its members.

IU Health Plans offers 4.5 star Medicare Advantage plans in 36 counties with 19,000 members and Fully-Insured Commercial plans for employers with 12,000 members. IU Health Plans has more than 160 Indiana-based team members.

"Acquiring IU Health Plans reflects our dedication to elevating quality and expanding our product offerings," said Dave Mull, Medicare market president of Anthem Blue Cross and Blue Shield in Indiana. "This strategic step aligns with our health equity goals, providing comprehensive access to high-quality care and timely interventions. Through this purchase, we are strengthening our efforts to cultivate healthier communities and improve health outcomes for those we are privileged to serve. We look forward to maintaining our relationship with IU Health as an in-network provider of care.”

The acquisition is subject to customary closing conditions and is expected to close at the end of 2024.

About Anthem Blue Cross and Blue Shield

Anthem Blue Cross and Blue Shield is the trade name of Anthem Insurance Companies, Inc., an independent licensee of the Blue Cross and Blue Shield Association. ANTHEM is a registered trademark of Anthem Insurance Companies, Inc. The Blue Cross and Blue Shield names and symbols are registered marks of the Blue Cross Blue Shield Association. Additional information about Anthem Blue Cross and Blue Shield in Indiana is available at www.anthem.com. Also, follow us @AnthemBCBS on X, Facebook and LinkedIn.

Media Contact:
Buddy Castellano
651-219-1818
Buddy.castellano@elevancehealth.com