Elevance Health raises 2026 outlook as it posts $1.8B in Q1 profit

Summary: Elevance Health made $1.8 billion in profit during the first quarter of 2026. Because of this, CEO Gail Boudreaux announced the company expects to make even more money this year than they originally thought. One big reason for their success is that more people are buying "bronze" health insurance plans. These plans have lower monthly payments but higher out-of-pocket costs when you actually go to the doctor. The company also saw growth in its Carelon health services business, which helped balance out some higher costs in their Medicaid plans.

Source: rssapp-fiercehealthcare-com URL: fiercehealthcare.com/payers/elevance-health-raises-2026-outlook-it-posts-18b-q1-profit (opens in new tab)