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Company Directory - Elevance Health

Company Details - Elevance Health

Elevance Health Logo

Elevance Health

Website

Indianapolis, USA

NYSE: ELV 

Elevance Health is a prominent health insurance provider that offers a wide range of health-related services, including medical insurance plans, prescription drugs, and wellness solutions designed to enhance healthcare experiences and promote healthy living.

CCI Score

CCI Score: Elevance Health

-42.73

0.12%

Latest Event

DOJ Sues Elevance Health for Alleged Illegal Kickbacks

The U.S. Department of Justice filed a formal complaint in federal court alleging that Elevance Health, along with Aetna and Humana, paid hundreds of millions of dollars in illegal kickbacks to brokers for enrolling seniors in Medicare Advantage plans, discriminating against disabled beneficiaries.

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TOADIE

Elevance Health is currently rated as a Toadie.

-30 to -44 CCI Score
Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

  • DOJ Sues Elevance Health for Alleged Illegal Kickbacks Logo
    MAY
    02
    2025

    The U.S. Department of Justice filed a formal complaint in federal court alleging that Elevance Health, along with Aetna and Humana, paid hundreds of millions of dollars in illegal kickbacks to brokers for enrolling seniors in Medicare Advantage plans, discriminating against disabled beneficiaries.

  • -70

    Business Practices and Ethical Responsibility

    May 22

    The allegation that Elevance Health paid unlawful kickbacks, in violation of the False Claims Act and by discriminating against Medicare beneficiaries with disabilities, represents a severe breach of ethical business practices. This misconduct, which prioritizes profits over the well-being of vulnerable populations, contributes to the erosion of trust and undermines fair business practices.

    DOJ sues Aetna, Humana and Elevance for allegedly paying illegal kickbacks

  • US Files False Claims Act Complaint Alleging Unlawful Kickbacks and Discriminatory Practices Logo
    MAY
    01
    2025

    On May 1, 2025, the United States filed a False Claims Act complaint against Elevance Health, among others, alleging that the company engaged in illegal kickback schemes with insurance brokers and discriminated against disabled Medicare beneficiaries by steering them away from certain plans.

  • -80

    Business Practices and Ethical Responsibility

    May 22

    The complaint alleges that Elevance Health paid illegal kickbacks to brokers in exchange for Medicare Advantage enrollments and intentionally steered disabled beneficiaries away from certain plans, reflecting unethical business practices and a disregard for equitable treatment of vulnerable populations. These actions place the company on a strongly negative footing in terms of business practices and ethical responsibility.

    The United States Files False Claims Act Complaint Against Three National Health Insurance Companies and Three Brokers Alleging Unlawful Kickbacks and Discrimination Against Disabled Americans

  • Elevance Health Donates to Trump Inaugural Fund Logo
    FEB
    04
    2025

    Elevance Health contributed over $1 million toward political campaigns, including donations to House Speaker Mike Johnson's PAC and Sen. Steve Daines, as part of efforts to build relationships with the Trump administration.

  • -80

    Political Contributions and Lobbying Efforts

    May 22

    Elevance Health's significant political donations, including over $1 million towards election-related campaigns and contributions to influential lawmakers, indicate a clear attempt to curry favor with an administration aligned with authoritarian and far-right policies. This funding helps bolster political actors associated with undermining progressive initiatives, which is concerning from an anti-fascist perspective.

    Elevance Health, Centene donated to Trump inaugural fund, key lawmakers

  • Elevance Health Lobbying Disclosure for Q4 2024 Logo
    DEC
    31
    2024

    Elevance Health disclosed $1,210,000 in lobbying expenditures for Q4 2024, addressing a wide range of healthcare-related legislative issues through the Lobbying Disclosure Act filing.

  • -20

    Political Contributions and Lobbying Efforts

    May 22

    The disclosure of $1,210,000 in lobbying expenses indicates a significant corporate effort to influence healthcare legislation. While lobbying is a common activity, from an anti-fascist perspective, such corporate political influence raises concerns about prioritizing corporate profit over public welfare and democratic accountability, particularly when substantial sums are involved in shaping policy outcomes. This underscores the risks of corporate interference in public policymaking.

    Lobbying Update: $1,210,000 of ELEVANCE HEALTH INC. lobbying was just disclosed

  • Elevance Health PAC Contributions to Federal Candidates Logo
    NOV
    01
    2023

    Elevance Health contributed $1,147,500 through its PAC to various federal candidates during the 2023-2024 election cycle. The donation, detailed on OpenSecrets, includes contributions to candidates from both major parties, raising concerns regarding the influence of corporate funding on democratic processes.

  • -10

    Political Contributions and Lobbying Efforts

    May 22

    Corporate political contributions, such as the $1,147,500 donated by Elevance Health, can undermine democratic accountability by amplifying corporate influence in electoral processes. Although the donations are bipartisan, the sizeable sum raises concerns from an anti-fascist perspective about the undemocratic powers of corporate money.

    Elevance Health PAC Contributions to Federal Candidates

  • Elevance Health PAC Political Contributions Logo
    OCT
    01
    2023

    Elevance Health's PAC made a series of monetary contributions to a broad array of political committees during the 2023-2024 election cycle, including both Democratic and Republican-aligned groups. The detailed breakdown, sourced from OpenSecrets, shows donations ranging from $1,000 to $70,000 among multiple PACs, reflecting significant corporate engagement in political financing.

  • -40

    Political Contributions and Lobbying Efforts

    May 22

    The documented contributions by Elevance Health's PAC to a wide spectrum of political committees—including several right-leaning groups—indicate a pattern of corporate political activity that could influence policy in ways that undermine progressive and anti-authoritarian agendas. Such financial involvement raises concerns about corporate influence in politics from an anti-fascist perspective.

    Elevance Health PAC to PAC/Party - OpenSecrets

  • Elevance Health Political Action Committee Activity Logo
    JAN
    01
    2023

    The OpenSecrets PAC profile for Elevance Health reveals that the company raised $3,169,624 during the 2023-2024 election cycle. The report highlights the firm's involvement in political fundraising and the hiring of former White House and Congressional staffers for lobbying, raising concerns about corporate influence in politics.

  • -20

    Political Contributions and Lobbying Efforts

    May 22

    Elevance Health's PAC raised a substantial sum, which is directed towards lobbying and influencing political outcomes. From an anti-fascist perspective, such significant political spending raises concerns about the potential for corporate money to undercut democratic accountability and possibly support authoritarian policies. The lack of transparency about the recipients of these funds adds to broader concerns regarding corporate influence in politics.

    PAC Profile: Elevance Health

  • Federal Lawsuit Alleging Medicare Fraud Logo
    SEP
    30
    2022

    Elevance Health is facing a federal lawsuit alleging that it submitted inaccurate diagnosis codes for its Medicare Advantage plans, potentially pocketing tens of millions of dollars from CMS reimbursements. The suit questions the company's compliance with federal regulations and highlights alleged unethical business practices affecting a vulnerable senior population.

  • -50

    Business Practices and Ethical Responsibility

    May 22

    The lawsuit alleges that Elevance Health engaged in unethical business practices by submitting inaccurate claims for Medicare Advantage plans, thereby defrauding CMS. This behavior undermines transparency and accountability in the health insurance sector and can have detrimental impacts on a vulnerable population, amplifying systemic issues in corporate practices.

    Indianapolis health care giant must face federal lawsuit alleging Medicare fraud

Corporate Financials

Revenue
2025
$15.00B
Total Assets
2025
$63.00B
Operating Income
2025
$5.50B
Total Equity
2025
$10.00B

Employees: 58,000

Industries

524114
Direct Health and Medical Insurance Carriers
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Offices of Physicians (except Mental Health Specialists)
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General Medical and Surgical Hospitals