Elevance on Wednesday became the second major insurer to raise its 2026 earnings guidance on the back of better-than-expected first quarter results — though, a massive potential payout over faulty data reporting in Medicare Advantage could cut into Elevance’s bottom line this year. The Indianapolis-based payer raised its annual adjusted diluted earnings per share guidance from at least $25.50 to at least $26.75. Investors had expected a raise, but not of this magnitude, echoing UnitedHealth’s unexpectedly robust beat-and-raise on Tuesday.
Read the full article: Elevance Perks up in 2026 Though Medicare Advantage Payout Could Ding Profits //
Source: https://www.healthcaredive.com/news/elevance-raise-2026-profit-outlook-cms-medicare-advantage-payout/818122/