Elevance Health Responds to Communities Affected by Hurricane Helene

Rhea-AI Summary

Elevance Health and its Elevance Health Foundation are providing $500,000 in new grant funding to support communities affected by Hurricane Helene. This funding will help community-based organizations address critical needs such as access to food, shelter, hygiene kits, and recovery supplies.

In addition to this pledge, the Foundation has preemptively provided funding to several disaster-relief organizations:

• $1 million to the American Red Cross
• $300,000 to Team Rubicon
• $250,000 to Americares
• $100,000 to Direct Relief

Elevance Health is also matching employee donations to disaster relief efforts and making it easier for members to refill prescriptions and access healthcare services during the crisis.

Positive

• Elevance Health and its Foundation are providing $500,000 in new grant funding for Hurricane Helene relief efforts
• The company has preemptively provided $1.65 million to various disaster-relief organizations
• Employee donations to disaster relief efforts are matched by the company
• Elevance Health is facilitating easier access to healthcare services and prescription refills for members during the crisis

Negative

• None.

Grant to support communities in recovery and rebuilding

INDIANAPOLIS--(BUSINESS WIRE)-- Elevance Health and its philanthropic arm, Elevance Health Foundation, are committed to strengthening the health of communities across the U.S. through community resiliency and disaster response efforts related to Hurricane Helene.

Elevance Health and its Foundation are providing $500,000 in new grant funding to help communities affected by Hurricane Helene. As needs continue to arise, this funding will ensure community-based organizations are equipped to mobilize efforts in impacted communities to address critical needs such as access to food, shelter, hygiene kits and recovery supplies.

“We are only beginning to see the impact and devastation from Hurricane Helene,” said Gail K. Boudreaux, President and Chief Executive Officer, Elevance Health. “Our hearts go out to everyone affected. We are part of the communities we serve with thousands of our own associates located in impacted areas. Elevance Health and its Foundation are driven by their shared commitment to improving lives and communities, and we stand ready to support those in need.”

The $500,000 pledge is in addition to funding the Foundation has provided preemptively to the following disaster-relief organizations so they can quickly help communities in need. This funding includes:

• $1 million to the American Red Cross’ national Annual Disaster Giving Program, which has mobilized to provide immediate response in Florida and other impacted states. This financial support helps the Red Cross provide safe shelter, meals, mental health support and more.
• $300,000 to Team Rubicon equipping them with the necessary support to provide services within days of a disaster. Team Rubicon’s disaster response operations include debris removal, route clearance and expedient home repair.
• $250,000 to Americares, enabling deployment of supplies and other assistance in the impacted region.
• $100,000 to Direct Relief allowing for quick and direct response to specific requests from local partners, as coordinated with government authorities to ensure efficient use of resources.

Additionally, Elevance Health associates who donate to the Foundation’s signature charities for disaster relief efforts receive a $1 to $1 match.

Elevance Health also wants to ensure members continue receiving healthcare during a crisis. Its affiliated health plans are making it easier to refill prescriptions and access healthcare services.

Elevance Health and the Foundation are actively monitoring the aftermath of Hurricane Helene and are continuing to collaborate with their partners to provide additional support as needed.

About Elevance Health

Elevance Health is a lifetime, trusted health partner whose purpose is to improve the health of humanity. The company supports consumers, families, and communities across the entire healthcare journey – connecting them to the care, support, and resources they need to lead better lives. Elevance Health’s companies serve over 113 million consumers through a diverse portfolio of industry-leading medical, pharmacy, behavioral, clinical, and complex care solutions. For more information, please visit www.elevancehealth.com or follow us @ElevanceHealth on X and Elevance Health on LinkedIn.

About Elevance Health Foundation

Elevance Health Foundation is the philanthropic arm of Elevance Health, Inc. The Foundation works to advance health equity by focusing on improving the health of the socially vulnerable through partnerships and programs in our communities with an emphasis on maternal child health; substance use disorder; and food as medicine.

Additionally, the Foundation also responds to disasters when our communities need us the most. Through its key areas of focus, the Foundation strategically aligns with Elevance Health’s focus on community health and becoming a lifetime, trusted health partner that is fueled by its purpose to improve the health of humanity. The Foundation coordinates with the company’s year-round Dollars for Dollars program which provides 100 percent match of associates’ donations, as well as its Volunteer Time Off and Dollars for Doers community service programs. To learn more about Elevance Health Foundation, please visit www.elevancehealth.foundation or follow us @ElevanceFND on X and Elevance Health Foundation on Facebook.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240930115595/en/

Media Contact:

Leslie Porras

Leslie.Porras@elevancehealth.com

Investor Relations:

Stephen Tanal

Investor.Relations@elevancehealth.com

Source: Elevance Health, Inc.

FAQ

How much funding is Elevance Health (ELV) providing for Hurricane Helene relief efforts?

Elevance Health and its Foundation are providing $500,000 in new grant funding specifically for Hurricane Helene relief efforts, in addition to $1.65 million preemptively provided to various disaster-relief organizations.

Which organizations is Elevance Health (ELV) supporting for disaster relief?

Elevance Health is supporting the American Red Cross ($1 million), Team Rubicon ($300,000), Americares ($250,000), and Direct Relief ($100,000) for disaster relief efforts related to Hurricane Helene.

How is Elevance Health (ELV) supporting its members affected by Hurricane Helene?

Elevance Health is making it easier for members to refill prescriptions and access healthcare services during the crisis caused by Hurricane Helene.

Does Elevance Health (ELV) match employee donations for disaster relief?

Yes, Elevance Health matches employee donations to the Foundation's signature charities for disaster relief efforts on a $1 to $1 basis.