About Elevance Health, Inc. (ELV)

Company Description:

Elevance Health, Inc., formerly known as Anthem, Inc., is a leader in the healthcare plans industry. The company operates through its diversified health care benefits and services. It provides a range of medical, pharmacy, dental, vision, life insurance, and disability plans, strategies, and services.

Elevance Health was founded on July 17, 2004, after the merger of Anthem, Inc. and WellPoint Health Networks Inc., and is currently headquartered in Indianapolis, Indiana, United States.

Main Product(s):

Elevance Health offers a comprehensive spectrum of health insurance products and related services, including preferred provider organizations (PPOs), health maintenance organizations (HMOs), point-of-service (POS) plans, traditional indemnity plans, and other hybrid plans, including consumer-driven health plans (CDHPs).

Short History of Elevance Health, Inc:

• July 2004 – The company was formed by the merger of Anthem, Inc. and WellPoint Health Networks Inc.
• December 2014 – It changed its name from WellPoint, Inc. to Anthem, Inc.
• 2022 – The company rebranded itself as Elevance Health, Inc. to better represent its diversified health services beyond traditional health insurance.