Source: www.reuters.com

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(Reuters) - Health insurer Elevance Health Inc reported an about 8% decline in quarterly profit due to higher costs.

Net profit for the company, which was previously known as Anthem, fell to $1.65 billion, or $6.79 per share, in the three months ended June 30, from $1.79 billion, or $7.25 per share, a year earlier.

Reporting by Ankur Banerjee in Bengaluru; Editing by Shailesh Kuber