US-based health insurer Elevance Health, Inc. (NYSE: ELV) and Blue Cross and Blue Shield of Louisiana have entered into a definitive agreement through which Elevance Health agrees to acquire Blue Cross and Blue Shield of Louisiana (BCBSLA), the companies said.
BCBSLA will join Elevance Health's affiliated Anthem Blue Cross Blue Shield family of brands. This acquisition will unite two organizations deeply rooted in the communities they serve and aligned in a mission to improve whole health.
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