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Business Summary: Elevance Health, Inc. is a health company. It operates as a health insurer in the United States. The Company operates through four segments: Health Benefits, CarelonRx, Carelon Services and Corporate & Other. The Health Benefits segment offers a comprehensive suite of health plans and services to its Individual, Employer Group risk-based, Employer Group fee-based, BlueCard, Medicare, Medicaid and Federal Employee Program (FEP) members. The Health Benefits segment also offers health products on a full-risk basis. The CarelonRx segment includes its pharmacy services business. CarelonRx markets and offers pharmacy services to its affiliated health plan customers, as well as to external customers outside of the health plans. The Carelon Services segment integrates physical, behavioral, pharmacy, and social services by offering an array of healthcare-related services and capabilities to internal and external customers through its Carelon Health and Carelon Insights businesses.
Financial Summary: BRIEF: For the three months ended 31 March 2025, Elevance Health Inc revenues increased 15% to $48.89B. Net income decreased 3% to $2.18B. Revenues reflect Health Benefits segment increase of 11% to $41.43B. Net income was offset by Cost of products sold increase of 30% to $4.98B (expense). Dividend per share increased from $1.63 to $1.71. Basic Earnings per Share excluding Extraordinary Items decreased from $9.65 to $9.64.