5 Largest Healthcare Companies by Market Cap

4. Elevance Health Inc. (NYSE:ELV)

Market cap as at December 24 2022 (in billions): 123.43

Elevance Health Inc. (NYSE:ELV) is a health insurance company which gained double digits in share performance in YTD 2022. While healthcare has been a terrible industry to invest in recently, Elevance Health Inc. (NYSE:ELV) has been one of the few standout exceptions, which means it must have been doing something right that other companies failed to implement. Elevance Health Inc. (NYSE:ELV) registered a growth in premiums and increased its members to 47 million.