Core Insights - Elevance Health will be the first major health insurer to report its second quarter earnings, while competitors like UnitedHealth Group are facing challenges with higher-than-expected medical costs [4][5] - The report comes after Centene withdrew its 2025 financial guidance due to rising costs in its individual health plans and Medicaid [5][6] - Other companies, including Molina Healthcare and UnitedHealth, have also lowered earnings guidance or suspended financial outlooks due to cost pressures in government-subsidized health insurance programs [6][7] Company Overview - Elevance Health is the second largest health insurer in the U.S., with a diversified portfolio that includes commercial and government health insurance [9][10] - The company operates the Anthem brand Blue Cross and Blue Shield plans in 14 states and manages Medicaid through contracts with multiple states [10] - Elevance has a smaller Medicare Advantage business compared to UnitedHealth, with 2.3 million members, but has significant exposure to Medicaid and individual ACA coverage [11] Analyst Perspective - Analysts view Elevance positively due to its diverse member mix and balance between commercial and government businesses, as well as its brand recognition [12]