Cost of Revenue

Medical costs

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityModerate

How to read this metric

Lower costs relative to premiums indicate higher underwriting efficiency and better medical cost management.

Detailed definition

This represents the total expenses incurred for medical services, claims, and healthcare delivery provided to policyhold...

Peer comparison

Standard for health insurers; peers often report this as the medical loss ratio component.

Metric ID: unh_medical_costs

Product Breakdown — Insurance And Other

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SegmentQ2 '24Q3 '24Q4 '24Q1 '25
Insurance And Other$954.00M$925.00M$1.03B$1.07B
Total

Product Breakdown — Underwriting

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SegmentFY'23FY'24
Underwriting$4.03B$3.86B
Total

All segment values are derived from annual filings.

Business Segments

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SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Berkshire Hathaway Insurance Group$954.00M$925.00M$1.03B$1.07B$1.13B$1.12B$1.06B$1.02B
Total

Frequently Asked Questions

What does medical costs mean?
The total cost of healthcare services provided to insured members.