Company: ELV
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001156039-25-000010
Chunk: 114

Company: Elevance Health, Inc.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 7
Chunk 114
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 %128 1.9 %Dental Administration Members1,887 1,729 1,586 158 9.1 %143 9.0 %Vision Members10,419 9,944 9,813 475 4.8 %131 1.3 %Medicare Part D Standalone Members256 260 271 (4)(1.5)%(11)(4.1)%Other Metrics (in millions)CarelonRx Quarterly Adjusted Scripts82.9 78.0 82.0 4.9 6.3 %(4.0)(4.9)%Carelon Services Consumers Served101.1 103.3 105.0 (2.2)(2.1)%(1.7)(1.6)%

1       BlueCard® membership at December 31, 2023 and 2022 has been restated lower by 132 and higher by 93, respectively, to align to our current reporting, which is the BCBSA reporting methodology.

2      We are no longer presenting our Life and Disability membership following the sale of that business on April 1, 2024.

December 31, 2024 Compared to December 31, 2023

Medical Membership 

Total medical membership declined during the twelve months ended December 31, 2024. This was driven primarily by attrition in Medicaid membership, including as a result of eligibility redeterminations and certain market exits, decreases in our Employer Group risk-based and Medicare Supplement businesses. These decreases were partially offset by increases in our Employer Group fee-based, Individual and FEP® businesses.

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Other Membership

Our other membership has the potential to be impacted by changes in our medical membership, as our medical members often purchase our other products that are ancillary to our health business. Dental membership increased primarily due to favorable sales in our Individual, Employer Group fee-based and FEP® businesses. Dental Administration membership increased primarily due to favorable in-group change with our other BCBSA plans associated with the FEP®. Vision membership increased due to increased sales in our Employer Group fee-based and Individual businesses and increased sales associated with our Medicare Advantage plans.

Consolidated Results of Operations

Our consolidated summarized results of operations and other information for the years ended December 31, 2024, 2023 and 2022 are as follows:                                                        

  Change Years Ended December