National Blues powerhouse Elevance Health has...

National Blues powerhouse Elevance Health has entered an agreement to acquire Blue Cross and Blue Shield of Louisiana, a move that would unite the two payers under Elevance’s Anthem branding. The two orgs are already joint owners of Healthy Blue, a Louisiana Medicaid plan. BCBSLA’s 1,049,170 members would expand Elevance’s presence in the state by 281%. Financial terms of the deal, which Elevance expects to close later this year, were not disclosed.

 

From AIS’s Directory of Health Plans