Company: ELV
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0001156039-25-000136
Chunk: 48

Company: Elevance Health, Inc.
Filing Date: 2025-10-21
Form: 10-Q
Item: Item 8
Chunk 48
---
 are managed in a corporate shared service environment and are not the responsibility of segment operating management. The CODM uses operating gain or loss, developed during the annual budget process, and updated during the periodic forecasting process, as a basis to assess performance and allocate operating and capital resources to each segment. 

-34-

Financial data by reportable segment for the three and nine months ended September 30, 2025 and 2024 is as follows:CarelonHealth BenefitsCarelonRxCarelon ServicesTotalCorporate & OtherEliminationsTotalThree Months Ended September 30, 2025Premiums$40,304 $— $1,762 $1,762 $— $(275)$41,791 Product revenue— 6,159 — $6,159 — — 6,159 Service fees1,942 4 191 195 — — 2,137 Operating revenue - unaffiliated42,246 6,163 1,953 8,116 — (275)50,087 Operating revenue - affiliated— 4,834 5,371 10,205 149 (10,354)— Operating revenue - total$42,246 $10,997 $7,324 $18,321 $149 $(10,629)$50,087 Benefit expense$36,845 $— $6,349 $6,349 $4 $(5,058)$38,140 Cost of products sold— 10,209 — $10,209 — (4,829)5,380 Operating expense4,800 232 756 988 226 (742)5,272 Operating gain (loss)$601 $556 $219 $775 $(81)$— $1,295 Three Months Ended September 30, 2024Premiums$36,448 $— $680 $680 $— $(319)$36,809 Product revenue— 5,887 — 5,887 — — 5,887 Service fees1,830 2 201 203 (10)— 2,023 Operating revenue - unaffiliated38,278 5,889 881 6,770 (10)(319)44,719 Operating revenue - affiliated— 3,254 3,757