Form 10-Q · Quarterly report

Elevance Health 10-Q, filed Jul 15, 2026

Filed
CIK
0001156039
Accession no.
0001156039-26-000060
AI-generated summary

Summary

Elevance Health disclosed that it served approximately 44.9 million medical members as of June 30, 2026, operating through Anthem Blue Cross, Wellpoint and Carelon brands and reporting in four segments. It said Medicaid and Individual ACA medical cost trends remain elevated and cited regulatory changes from the One Big Beautiful Bill Act, new No Surprises Act IDR rules, and 2026 pharmacy benefit manager reforms as factors affecting its business.

Key points

  • Elevance Health served approximately 44.9 million medical members as of June 30, 2026.
  • It reports results in four segments: Health Benefits, CarelonRx, Carelon Services and Corporate & Other.
  • CarelonRx delegates certain core pharmacy services to CaremarkPCS Health, a CVS Health subsidiary, under an agreement extending through December 31, 2027.
  • The One Big Beautiful Bill Act, signed July 4, 2025, includes Medicaid reverification and work requirements, while the Consolidated Appropriations Act of 2026 imposes PBM rebate pass-through and Medicare Part D compensation changes.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

ITEM 2. MANAGEMENT’S DISCUSSION Overview Elevance Health is a health company with the purpose of improving the health of humanity. We are one of the largest health insurers in the United States in terms of medical membership, serving approximately 44.9 million medical members through our affiliated health plans as of June 30, 2026. We are an independent licensee of the Blue Cross and Blue Shield Association (“BCBSA”), an association of independent health benefit plans. …

An excerpt of the text as filed with the SEC, cut for length.

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