COVID Stimulus Watch Individual Entry
Recipient Company:
Anthem Inc
Loan or Loan Guarantee Amount:
$1,042,048
Recipient Details
Ownership Structure: publicly traded (ticker symbol ANTM)
Award Details
Award Date: Dec 21, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Anthem
Headquartered in: Indiana
Parent Sector: healthcare services
Parent Industry: insurance; managed care
Employees (prior to pandemic): 70,600
Accountability Issues Since 2010
Employment-related Penalties: $6,533,448
Government-contracting-related Penalties: $31,695,593
Environmental / Healthcare / Safety Penalties: $743,879
Consumer Protection / Financial / Competition-related Penalties: $280,301,202
Ratio of CEO Pay to that of Median Worker: 247 to 1
CEO Compensation: $15,473,139
Worker Median Pay: $62,686
Total Federal, State, and Local Subsidies: $54,660,314
Federal Corporate Income Tax Rate: 22.6%
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