AM Best Takes Various Credit Rating Actions on Elevance Health, Inc. and Most of Its Subsidiaries

Core Viewpoint - AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of "a+" (Excellent) for the core Blue Cross Blue Shield (BCBS)-branded insurance subsidiaries of Elevance Health, Inc. [1] Group 1 - The FSR has been upgraded to A (Excellent) from A- (Excellent) for Elevance Health's subsidiaries [1] - The Long-Term ICR has also been upgraded to "a+" (Excellent) [1] - The ratings apply to most of Elevance's non-Blue-branded subsidiaries as well [1]