Elevance Health, Inc.: Elevance Health is a U.S. health insurer and health-services company led by CEO Gail Boudreaux. It reported $199.125B in FY2025 revenue, $5.662B in net income, about 97,100 employees, and 45.2M medical members.
Elevance Health, Inc.: Key Facts
| Founded | 1944 |
|---|---|
| Headquarters | Indianapolis, Indiana |
| CEO | Gail Boudreaux |
| Employees | about 97,100 employees |
| Revenue (FY2025) | $199.13B |
| Net income | $5.66B net income |
| Primary source | FY2025 annual report |
How Elevance Health Makes Money
Elevance Health makes money from health insurance premiums, administrative services fees, Medicare and Medicaid programs, employer plans, CarelonRx pharmacy services, Carelon Services, specialty products, and investment income.
Why Elevance Health Matters
Elevance matters because it sits at the center of U.S. healthcare's hardest tension: expanding access and benefits while controlling medical cost inflation.
Key Risk
The biggest risk is medical-cost pressure or government-program rate changes that reduce margins across Medicaid, Medicare, and commercial membership.
