Elevance Health, previously known as Anthem
Elevance Health, previously known as Anthem, is a major health insurance provider in the U.S. that offers a range of health plans, including employer-sponsored plans, Medicaid, Medicare Advantage, and individual policies through health insurance marketplaces. It serves millions of members across the country.
Elevance is particularly known for its Medicare Advantage plans, which are designed to offer flexibility and affordability. Many of their plans feature low or zero premiums, $0 copays for primary care visits, and enhanced drug coverage. In 2024, they’ve expanded to serve more counties and states, aiming to simplify and customize coverage to meet the health needs of seniors. Some plans also cover supplemental benefits like dental, vision, and hearing, and include options for utilities, groceries, and transportation through a prepaid card(Insure.com)(Nasdaq).
The company ranks well in terms of affordability, offering competitive prices compared to other insurers. However, customer satisfaction and digital experience ratings are moderate, with areas for improvement(Insure.com).
In addition, Elevance Health provides specialized plans like Dual Eligible Special Needs Plans (D-SNP) for those who qualify for both Medicare and Medicaid, and Chronic Condition Special Needs Plans (C-SNP) for individuals with specific medical conditions(www.elevancehealth.com)