Company: ELV
Filing Date: 2025-07-17
Form Type: 10-Q
Source: 0001156039-25-000114
Chunk: 60

Company: Elevance Health, Inc.
Filing Date: 2025-07-17
Form: 10-Q
Item: Item 8
Chunk 60
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,642 1,660 (18)(1.1)%Total Medical Membership45,621 45,776 (155)(0.3)%Other Membership (in thousands)Dental Members7,346 7,008 338 4.8 %Dental Administration Members1,961 1,851 110 5.9 %Vision Members10,770 10,275 495 4.8 %Medicare Part D Standalone Members219 260 (41)(15.8)%Other Metrics (in millions)CarelonRx Quarterly Adjusted Scripts83.3 78.2 5.1 6.5 %Carelon Services Consumers Served97.3 102.3 (5)(4.9)%

Medical Membership

The decrease in medical membership was primarily driven by attrition in Medicaid membership, including as a result of eligibility redeterminations, and decreases in our Commercial Fee-Based business. These decreases were partially offset by increases in our Medicare Advantage and Individual ACA businesses.

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 Employer Group business. Dental administration membership increased primarily due to favorable in-group change with other BCBSA plans associated with FEP®. Vision membership increased due to higher sales in our Employer Group, Medicare Advantage, and Individual health plans.

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Consolidated Results of Operations

Our consolidated summarized results of operations and other financial information for the three and six months ended June 30, 2025 and 2024 are as follows: 

Three Months Ended  June 30Six Months Ended  June 30ChangeThree Months Ended June 30Six Months Ended June 302025 vs. 20242025 vs. 20242025202420252024$%$%Total operating revenue$49,421$43,223$98,186$85,496$6,198 14.3 %$12,690 14.8 %Net investment income4865081,076973(22)(4.3)%103 10.6 %Net losses on financial instruments(131)(85)(595)(246)(46)54.1 %(349)141.9 %Total revenues49,77643,88698,66786,4635,89013.