Elevance Health Offers More Relief on Medical Costs for Worried Investors

Elevance Health Offers More Relief on Medical Costs for Worried Investors·The Wall Street Journal
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Elevance Health offered skittish investors another signal that health insurers aren’t getting hit with higher-than-expected costs, reporting results that beat Wall Street expectations. Elevance stock rose over 5% early Thursday, on track for its highest close since December 2022. The earnings may help sustain a rally that began Tuesday, when UnitedHealth released results that also came in above analysts’ projections and said healthcare expenses were running at expected rates.

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