Elevance Health Inc
Company Profile
Business description
Elevance Health remains one of the leading health insurers in the U.S., providing medical benefits to 47 million medical members as of December 2023. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states through government-sponsored programs such as Medicaid and Medicare Advantage plans, too.
Contact
220 Virginia Avenue
IndianapolisIN46204
USAT: +1 833 401-1577
Sector
Healthcare
Stock type
Defensive
Industry
Healthcare Plans
Fiscal Year End
31 December 2024
Employees
104,900
Morningstar Investment Ideas
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