Becker's Healthcare November 14, 2024
From announcing plans to buy CareBridge to suing CMS over its Medicare Advantage star ratings, here are 10 updates on Elevance Health that Becker’s has reported since Oct. 17:
1. Elevance Health is focusing its attention on markets with the most disruption during Medicare Advantage open enrollment, CFO Mark Kaye told investors. Elevance eliminated broker commissions for new enrollments in some markets beginning Nov. 1.
2. Elevance president and CEO Gail Boudreaux was one of four leaders from U.S.-based healthcare organizations featured in Fortune’s “100 Most Powerful People in Business” list.
3. Elevance had the second-highest profit among the nation’s largest payers in the third-quarter of 2024.
4. Elevance reported a medical benefit ratio of 89.5%...
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