Discontinued — last reported Q3 '17
Net premiums earned
Elevance Health Net premiums earned increased by 0.8% to $41.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.3%, from $40.89B to $41.02B. Over 4 years (FY 2021 to FY 2025), Net premiums earned shows an upward trend with a 8.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates growth in the member base or higher premium pricing, while a decrease may signal market share loss or competitive pricing pressure.
Detailed definition
Represents the total revenue generated from insurance premiums after accounting for reinsurance cessions. This is the pr...
Peer comparison
Standard across all health insurance peers; comparable to gross written premiums adjusted for reinsurance.
is_net_premiums_earnedHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $28.53B | $30.40B | $30.77B | $32.79B | $33.08B | $33.72B | $33.65B | $35.87B | $36.59B | $35.26B | $35.14B | $35.70B | $35.42B | $36.81B | $36.25B | $40.89B | $41.27B | $41.79B | $40.69B | $41.02B |
| QoQ Change | — | +6.5% | +1.2% | +6.6% | +0.9% | +2.0% | -0.2% | +6.6% | +2.0% | -3.6% | -0.3% | +1.6% | -0.8% | +3.9% | -1.5% | +12.8% | +0.9% | +1.3% | -2.6% | +0.8% |
| YoY Change | — | — | — | — | +15.9% | +10.9% | +9.4% | +9.4% | +10.6% | +4.6% | +4.4% | -0.5% | -3.2% | +4.4% | +3.2% | +14.5% | +16.5% | +13.5% | +12.3% | +0.3% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Health Benefits Segment | $35.10B | $36.45B | $35.74B | $39.59B | $39.71B | $40.30B | $39.86B | $40.45B |
| Carelon Services Segment | $794.00M | $680.00M | $748.00M | $1.50B | $1.86B | $1.76B | $1.19B | $779.00M |
| Carelon Total | $794.00M | $680.00M | — | — | — | — | — | — |
| CarelonRx Segment | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Corporate & Other | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $35.42B | $36.81B | $36.25B | $40.89B | $41.27B | $41.79B | $40.69B | $41.02B |
Carelon Total, Corporate & Other Segment, Segment Eliminations were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Net premiums earned at Other Companies
Frequently Asked Questions
- What is Elevance Health's net premiums earned?
- Elevance Health (ELV) reported net premiums earned of $41.02B in Q1 2026.
- How has Elevance Health's net premiums earned changed year-over-year?
- Elevance Health's net premiums earned increased by 0.3% year-over-year, from $40.89B to $41.02B.
- What is the long-term trend for Elevance Health's net premiums earned?
- Over 4 years (2021 to 2025), Elevance Health's net premiums earned has grown at a 8.8% compound annual growth rate (CAGR), from $117.37B to $164.64B.
- What does net premiums earned mean?
- The total money collected from insurance premiums after paying for reinsurance.