Healthcare DIVE September 13, 2024
IU Health Plans will operate under the Anthem Blue Cross and Blue Shield brand after the deal closes, which is expected at the end of 2024.
Dive Brief:
- Elevance Health has entered into an agreement to buy Indiana University Health’s insurance business for an undisclosed sum, the payer said this week.
- IU Health Plans offers Medicare Advantage plans to 19,000 members in 36 counties, according to a press release. The payer also provides commercial plans to employers, which insures 12,000 members.
- After the deal closes, which is expected at the end of the year, IU Health Plans will operate as part of Elevance’s Anthem Blue Cross and Blue Shield subsidiary.
Dive Insight:
IU Health’s...
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