One-month return of Elevance Health, Inc. (NYSE:ELV) was -5.77%, and its shares lost 14.58% of their value over the last 52 weeks. Elevance Health, Inc. (NYSE:ELV) has a market capitalization of $99.002 billion. Madison Investors Fund made the following comment about Elevance Health, Inc. (NYSE:ELV) in its second quarter 2023 investor letter: "We purchased Elevance Health, Inc. (NYSE:ELV) and trimmed Marsh & McLennan and Arch Capital. Elevance is the largest for-profit Blue Cross Blue Shield plan in the country, supporting the largest domestic membership base across the managed care industry. While national scale is important, local scale is critical as well, given the localized nature of healthcare delivery.