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Exhibit 12

Anthem, Inc.—Statement Re Computation of Ratio of Earnings to Fixed Charges

				03/31/02		12/31/01		12/31/00		12/31/99		12/31/98		12/13/97
Ratio of Earnings to Fixed Charges
	Earnings Available for Fixed Charges:
		Pretax earnings from continuing operations before adjustment for minority interest		$	149.5	$	524.6	$	329.8	$	60.8	$	288.2	$	106.7
		Add fixed charges:
			Interest expense, including amortization of debt discount and expense		17.6		60.2		54.7		30.4		27.9		23.7
			Total Earnings Available for Fixed Charges	$	167.1	$	584.8	$	384.5	$	91.2	$	316.1	$	130.4
	Fixed Charges:
		Interest expense, including amortization of debt discount and expense		$	17.6	$	60.2	$	54.7	$	30.4	$	27.9	$	23.7
			Total Fixed Charges	$	17.6	$	60.2	$	54.7	$	30.4	$	27.9	$	23.7
	Ratio of Earnings to Fixed Charges				9.49		9.71		7.03		3.00		11.33		5.50
				03/31/02		12/31/01		12/31/00		12/31/99		12/31/98		12/31/97
Pro Forma Ratio of Earnings to Fixed Charges
	Pro Forma Earnings Available for Fixed Charges:
		Pretax earnings from continuing operations before adjustment for minority interest		$	149.5	$	524.6		N/A		N/A		N/A		N/A
	Add fixed charges:
		Interest expense, including amortization of debt discount and expense			17.6		60.2		N/A		N/A		N/A		N/A
			Total Pro Forma Earnings Available for Fixed Charges	$	167.1	$	584.8		N/A		N/A		N/A		N/A
	Fixed Charges:
		Interest expense, including amortization of debt discount and expense		$	17.6	$	60.2		N/A		N/A		N/A		N/A
		Interest payments on notes			15.7		63.0		N/A		N/A		N/A		N/A
			Total Pro Forma Fixed Charges	$	33.3	$	123.2		N/A		N/A		N/A		N/A
	Pro Forma Ratio of Earnings to Fixed Charges				5.02		4.75		N/A		N/A		N/A		N/A

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Anthem, Inc.—Statement Re Computation of Ratio of Earnings to Fixed Charges