Elevance Health Inc logo

Elevance Health Inc

NEW
NYSE:ELV (USA)  
$ 350.25 -45.51 (-11.5%) 04:00 PM EST
13.67
P/B:
1.86
Market Cap:
$ 79.13B
Enterprise V:
$ 112.04B
Volume:
4.77M
Avg Vol (2M):
1.71M
Trade In:
Volume:
4.77M
Avg Vol (2M):
1.71M

Business Description

Description
Elevance Health remains one of the leading health insurers in the US, providing medical benefits to 46 million medical members as of December 2024. 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. It is also an emerging player in pharmacy benefit management and other healthcare services.