Discontinued — last reported Q1 '23
Products & Services · Benefits and Expenses
Medical and other health — Benefits and Expenses
Aflac Medical and other health — Benefits and Expenses increased by 3.7% to $28.44B in Q1 2023 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2023
How to read this metric
A lower ratio relative to premiums indicates higher operational efficiency and better underwriting discipline.
Detailed definition
Aggregates all costs associated with providing insurance coverage, including benefit payments to policyholders, administ...
Peer comparison
Standard across the insurance industry as 'Total Benefits and Expenses' or 'Underwriting Expenses'.
Metric ID:
afl_segment_medical_and_other_health_benefits_and_expensesHistorical Data
2 periods
| Q4 '22 | Q1 '23 | |
|---|---|---|
| Value | $27.42B | $28.44B |
| QoQ Change | — | +3.7% |
Range$27.42B – $28.44B
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Frequently Asked Questions
- What is Aflac's medical and other health — benefits and expenses?
- Aflac (AFL) reported medical and other health — benefits and expenses of $28.44B in Q1 2023.
- What does medical and other health — benefits and expenses mean?
- The total costs incurred by the medical and health segment, including claims payments and operating expenses.