Company: ELV
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0001156039-25-000136
Chunk: 22

Company: Elevance Health, Inc.
Filing Date: 2025-10-21
Form: 10-Q
Item: Item 8
Chunk 22
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 2024 were $109 and $224, respectively. During the nine months ended September 30, 2025, $111 of payments were made, and $4 was released from the liability. 

5.     Investments

Fixed Maturity SecuritiesA summary of current and long-term fixed maturity securities, available-for-sale, at September 30, 2025 and December 31, 2024 is as follows:Cost or Amortized CostGrossUnrealizedGainsGrossUnrealizedLossesAllowance For Credit LossesEstimatedFair Value September 30, 2025Fixed maturity securities:United States Government securities$1,640 $14 $(20)$— $1,634 Government sponsored securities88 1 (1)— 88 Foreign government securities13 — — — 13 States, municipalities and political subdivisions, tax-exempt3,766 64 (97)(2)3,731 Corporate securities13,673 447 (136)(6)13,978 Residential mortgage-backed securities3,230 37 (151)— 3,116 Commercial mortgage-backed securities2,126 29 (34)— 2,121 Other asset-backed securities2,774 47 (103)(5)2,713 Total fixed maturity securities$27,310 $639 $(542)$(13)$27,394 December 31, 2024Fixed maturity securities:United States Government securities$1,907 $2 $(85)$— $1,824 Government sponsored securities156 — (5)— 151 Foreign government securities19 — (2)— 17 States, municipalities and political subdivisions, tax-exempt3,142 33 (123)— 3,052 Corporate securities14,095 192 (367)(4)13,916 Residential mortgage-backed securities3,274 13 (236)— 3,051 Commercial mortgage-backed securities1,801 8 (60)(1)1,748 Other asset-backed securities2,534 36 (92)(1)2,477 Total fixed maturity securities$26,928 $284 $(970)$(6)$26,236 Other asset-backed securities primarily consist of collateralized loan obligations and other debt securities.

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For fixed maturity securities in an unrealized loss position at September 30,