NEW YORK, June 12 (Reuters) - Elevance Health ( ELV )
executive Peter Haytaian said on Wednesday that a decrease in
the number of people eligible for its Medicaid plans this year,
as well as changes the company made in where it operates those
plans, shifted its balance of healthy and sick members.
Speaking at the Goldman Sachs Global Healthcare Conference,
Haytaian said the company is seeing improved profitability for
its Medicare business. Insurers have seen unanticipated use of
healthcare plans by enrollees after the COVID-19 pandemic.
Medicaid is the state and U.S. government health plan for
low-income people, while Medicare is the U.S. plan for those age
65 and older or with disabilities.