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Elevance Health profits hit $1.6 billion as medical and drug plans grow

By Forbes  
   October 20, 2022

Elevance Health reported $1.6 billion in third quarter profits as the health insurer formerly known as Anthem continued to grow its national portfolio of medical and prescription drug benefits. Elevance Health, which operates an array of government and commercial health insurance including Blue Cross and Blue Shield plans in 14 states, Wednesday reported third quarter profits rose 7% to $1.6 billion, or $6.68 per share, compared to $1.5 billion, or $6.13 per share, in the year ago quarter.

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