INDIANAPOLIS, October 03, 2022--As part of its commitment to communities across the U.S., Elevance Health and its philanthropic arm Elevance Health Foundation provides support relief efforts to assist those affected by Hurricane Ian and other natural disasters.
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This is because medicines and health insurance are essential to the well-being of patients. Health insurer Elevance Health (NYSE: ELV) and pharmaceutical company Novartis (NYSE: NVS) are two dominant healthcare stocks to consider buying as a play on the inelasticity of the sector. If you haven't heard of Elevance Health, that's because it used to be known as Anthem -- until rebranding under its new moniker in March.