Elevance Health, Inc.

Elevance Health delivers integrated health solutions spanning medical, pharmacy, and behavioral health services. The enterprise operates across four primary segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. Product offerings include risk-based network plans like PPOs and HMOs, fee-based administrative solutions, pharmacy management, and specialty options such as dental, vision, stop loss, and supplemental coverage. Customers include individual consumers, small and large employer groups, and participants in federal and state-sponsored Medicare and Medicaid programs.

The organization serves approximately 45.2 million medical members across the United States through its affiliated health plans as of December 31, 2025. It holds Blue Cross and Blue Shield licenses covering fourteen individual states and operates non-BCBS brands like Wellpoint, MMM, and Simply Healthcare across multiple regions. Subsidiaries maintain insurance operating licenses in all fifty states, the District of Columbia, and Puerto Rico. The company's headquarters location is not specified in the provided business disclosure text.

Summary of the business section of Elevance Health's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2025, our employee population, including all full-time, part-time and temporary workers, consisted of approximately 97,100 individuals, 71,900 in the United States and 25,200 internationally.”