Elevance Health Inc.
Elevance Health, Inc. (NYSE: ELV) has reported its second quarter 2024 results, which reflect the company's diversified business and strategic initiatives amidst a dynamic industry landscape. The company has maintained its full-year outlook, with confidence in the earnings power of its Health Benefits and Carelon businesses, which underpin
Elevance Health Inc.
Elevance Health, Inc., a leading health insurer, announced its second-quarter 2024 results, showcasing a decline in operating revenue of $0.2 billion compared to the prior year quarter, primarily attributed to Medicaid membership attrition. Despite this, the company reported an adjusted operating gain of $2.8 billion and diluted EPS
Insurance industry
WellPoint Inc., the nation's largest publicly traded health insurance company, has agreed to pay as much as $198 million to settle two class-action lawsuits with 700,000 U.S. physicians. The lawsuits alleged that WellPoint and other companies conspired to delay and deny reimbursements for health-care services. As
Insurance industry
WellPoint, the nation's leading health benefits company, has reached an agreement with representatives of over 700,000 physicians across the country, resolving two major national multi-district lawsuits filed in federal court. The agreement, worth $135 million, is a significant step forward in WellPoint's efforts to collaborate
Insurance industry
WellPoint, Inc. has named John Watts as the president and CEO of its national accounts business unit, responsible for serving the company's largest Blue Cross and Blue Shield multi-state employers with 6 million customers, representing the fastest-growing segment of the company's membership. Watts brings exceptional experience
Insurance industry
BC Life & Health Insurance Company, an affiliate of Blue Cross of California and an operating subsidiary of WellPoint, Inc., has been awarded a contract to provide a workers' compensation Medical Provider Network (MPN) to Majestic Insurance Company. This new agreement will give Majestic Insurance Company access to the
