A Message From Our President and CEO

Over the past year, we proudly celebrated the next step in our transformation as we rebranded to Elevance Health, reflecting our commitment to deliver on our purpose to improve the health of humanity.

We have the opportunity and the privilege to make a difference for the people we serve – by connecting them to the care, support, and resources they need during the most important moments in their lives. I am pleased to report that in 2022, Elevance Health delivered on our commitments, with solid financial performance and growth across all of our businesses, as we made significant progress in our goal to address the physical, behavioral, and social needs of our members and communities.

Our new name and streamlined go-to-market brands, Anthem Blue Cross Blue Shield, Carelon and Wellpoint, affirm our vision to elevate whole health and develop critical new products, services, and solutions that advance health beyond healthcare. It is a major step in our journey to become a lifetime, trusted health partner to the 119 million people we serve, providing the care, support, and resources they need to lead healthier lives. Our over 100,000 associates have helped to make this transformation possible, and I am grateful for the accomplishments we have made together.

From our recognition as a Great Place to Work to our inclusion on lists like Fortune Magazine’s Best Places to Work For and PEOPLE Magazine’s Companies that Care, associates and consumers are inspired and energized by our shared mission. In 2022, we were the first managed care organization in the nation to earn the full three-year health equity accreditation from the National Committee for Quality Assurance for all of our owned Medicaid health plans. With the creation of the 988 Suicide and Crisis Lifeline, Carelon Behavioral Health was selected to support the national launch and to provide backup text and chat center support for the program in English and Spanish.

In 2023, we can expect our momentum to continue. Elevance Health recently announced our intent to acquire Blue Cross and Blue Shield of Louisiana, which will expand our portfolio of Anthem Blue Cross and Blue Shield health plans and bring over 1.5 million additional health plan customers and another state market into the Elevance Health family of brands. This combination will have the capabilities to improve access, quality, affordability, and experience for all stakeholders as well as the broader Louisiana community.

This report highlights our far-reaching impact in 2022 — focused on strong results, innovative programs, and industry-leading sustainability practices and reporting. We’re proud of our progress, successes, and our commitment to important goals such as net zero emissions by 2050, and as a signatory to the U.S. Department of Health and Human Services Sector Net Zero Pledge.

At its heart, Elevance Health is a company that thrives on the connection between our associates and the members they serve. Our progress to address whole health and the collective determination we share at Elevance Health to improve lives and communities is unwavering, and we look forward to making a meaningful difference in 2023 and beyond.

Sincerely,

Gail K. Boudreaux

President and Chief Executive Officer, Elevance Health