Elevance Health remains one of the leading health insurers in the US, providing medical benefits to 45 million medical members at the end of 2025. 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 in 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.

Elevance Health remains one of the leading health insurers in the US, providing medical benefits to 45 million medical members at the end of 2025. 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 in 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.

Elevance is a health benefits company. It operates through two segments: Health Benefits and Carelon Services. The Health Benefits segment provides insurance to members to individuals, employer groups, Medicaid, Medicare Advantage, and the federal sector. Carelon is composed of Carelon Rx, which provides prescription management services, and Carelon Services. The services include medical benefit and behavioral health management services. Elevance is headquartered in Indianapolis, Indiana. The ELV shares are a component of the S&P 500 index.

The major indices are higher at midday on Thursday. President Trump is in China with a handful of CEOs and early feedback is that the trip is going well for U.S. businesses. Meanwhile, Retail Sales came in higher for the third month in a row. Crude oil is now at $101 per barrel. The yield on the 10-year note is at 4.46%, and the VIX volatility index is steady at 18.