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Elevance Health (LTS:0HG8) Administration Cost Ratio % : 0.00% (As of . 20)


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What is Elevance Health Administration Cost Ratio %?

Administration Cost Ratio % is the percentage of the insurance premium that insurers use to pay overhead expenses, such as marketing, profits, salaries, administrative costs and agent commissions. A lower Administration Cost Ratio % indicates the company is more efficient in its operations and has better profitability.

The historical rank and industry rank for Elevance Health's Administration Cost Ratio % or its related term are showing as below:

LTS:0HG8's Administration Cost Ratio % is not ranked *
in the Healthcare Plans industry.
Industry Median:
* Ranked among companies with meaningful Administration Cost Ratio % only.

Elevance Health Administration Cost Ratio % Historical Data

The historical data trend for Elevance Health's Administration Cost Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Elevance Health Administration Cost Ratio % Chart



Elevance Health  (LTS:0HG8) Administration Cost Ratio % Explanation

Administration Cost Ratio % is the percentage of the insurance premium that insurers use to pay overhead expenses, such as marketing, profits, salaries, administrative costs and agent commissions.

A lower Administration Cost Ratio % indicates the company is more efficient in its operations and has better profitability.


Elevance Health Administration Cost Ratio % Related Terms

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Elevance Health (LTS:0HG8) Business Description

Traded in Other Exchanges
Address
220 Virginia Avenue, Indianapolis, IN, USA, 46204
Elevance Health remains one of the leading health insurers in the U.S., providing medical benefits to 48 million medical members as of June 2023. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states through government-sponsored programs such as Medicaid and Medicare Advantage plans, too.

Elevance Health (LTS:0HG8) Headlines

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