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Elevance Health (Anthem BCBS)

Elevance Health

80Score

★★★☆☆3.7

Customer satisfaction · 45.0M members

AM Best: A (Excellent)(2025)NCQA: Strong MA Star Ratings(2026)

Elevance Health (formerly Anthem) is the largest Blue Cross Blue Shield licensee in the US, operating across 14+ states. It serves approximately 45 million affiliated health plan members and 119 million individuals total through diversified health services including Carelon.

Overall Score

80/100

Founded

1946

Headquarters

Indianapolis, Indiana

Type

private

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Key Metrics

Am Best Rating

A (Excellent)

Jd Power Score

Above average in several regions

Network Size

BCBS network across 14+ states

Market Share

6.4%

Editorial Ratings

AM Best: A (Excellent)(2025)

Rating: A (Excellent) (max: A++ (Superior))

80AM

NCQA: Strong MA Star Ratings(2026)

Rating: 4+ stars (53% of MA members in 4+ star plans) (max: 5 stars)

80NCQA

Coverage Highlights

✓Largest Blue Cross Blue Shield licensee in the US
✓BCBS brand recognition with wide provider networks
✓Carelon division for pharmacy, behavioral health, and palliative care
✓53% of Medicare Advantage members in 4+ star plans for 2026
✓Strong digital health tools and data-driven care management

Pros

✓BCBS brand recognition and trust
✓Wide provider networks through BCBS association
✓Strong in employer-sponsored and government segments
✓Improving Medicare Advantage star ratings

Cons

✗Brand confusion from Anthem-to-Elevance name change
✗Customer service varies significantly by state
✗Premium increases in some markets

Frequently Asked Questions

Is Elevance Health the same as Anthem?

Yes. Anthem rebranded to Elevance Health in 2022, but still operates under the Anthem Blue Cross Blue Shield brand in 14+ states.

What is Elevance Health's AM Best rating?

Elevance Health holds an AM Best Financial Strength Rating of A (Excellent).

Does Elevance Health offer Medicare Advantage plans?

Yes. Elevance has a growing Medicare Advantage presence, with 53% of MA members enrolled in 4+ star plans for 2026, up from 40% previously.

Quick Summary

InsurerElevance Health (Anthem BCBS)

Country🇺🇸 United States

Overall Score80/100

Satisfaction3.7/5

Members45.0M

Typeprivate

Founded1946

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