ELV · 10-Q · 2026Q2 · Full report

No Surprises IDR Regulations

Elevance Health, Inc. · 2026-07-15 · Importance 40 · Surprise 42

In May 2026 the Tri-Agencies (HHS, Labor, Treasury) issued final regulations updating the Independent Dispute Resolution (IDR) process under the No Surprises Act, primarily addressing the operations and administration of IDR. The company notes these regulations are largely procedural but may prompt additional regulatory guidance, rulemaking, litigation or audits. Elevance warns that subsequent guidance, litigation or government audits related to IDR/No Surprises could adversely affect its business, cash flows and results of operations. The company is monitoring these developments given potential impacts on out-of-network provider compensation and plan administration.