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Elevance to Acquire Louisiana Nonprofit Health Insurer

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Health company Elevance, the parent of Blue Cross Blue Shield plans in 14 states, has agreed to buy Blue Cross and Blue Shield of Louisiana, which has almost 2 million members

Elevance Health Inc. said it agreed to acquire the nonprofit health insurer Blue Cross and Blue Shield of Louisiana, expanding its Blue business into a new state.

that offers an array of other health services as well, didn’t disclose terms of the deal in its Monday announcement. Spokeswomen for Elevance and Blue Cross and Blue Shield of Louisiana declined to comment.

 

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