Cost of Revenue

Medical costs

Ameriprise Financial Medical costs decreased by 1.6% to $317.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 16.8%, from $381.00M to $317.00M. Over 4 years (FY 2021 to FY 2025), Medical costs shows an upward trend with a 16.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

A lower ratio of medical costs to premiums (Medical Loss Ratio) generally indicates better underwriting profitability.

Detailed definition

Expenses related to the provision of healthcare services and the settlement of medical claims for insurance policyholder...

Peer comparison

Specific to health insurance providers; not applicable to traditional banking institutions.

Metric ID: unh_medical_costs

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$404.00M-$719.00M$378.00M$211.00M$82.00M$370.00M$709.00M$301.00M$327.00M$120.00M$602.00M$295.00M$331.00M$430.00M$243.00M$381.00M$257.00M$343.00M$322.00M$317.00M
QoQ Change-278.0%+152.6%-44.2%-61.1%+351.2%+91.6%-57.5%+8.6%-63.3%+401.7%-51.0%+12.2%+29.9%-43.5%+56.8%-32.5%+33.5%-6.1%-1.6%
YoY Change-79.7%+151.5%+87.6%+42.7%+298.8%-67.6%-15.1%-2.0%+1.2%+258.3%-59.6%+29.2%-22.4%-20.2%+32.5%-16.8%
Range-$719.00M$709.00M
CAGR-5.0%
Avg YoY Growth+38.6%
Median YoY Growth-0.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is Ameriprise Financial's medical costs?
Ameriprise Financial (AMP) reported medical costs of $317.00M in Q1 2026.
How has Ameriprise Financial's medical costs changed year-over-year?
Ameriprise Financial's medical costs decreased by 16.8% year-over-year, from $381.00M to $317.00M.
What is the long-term trend for Ameriprise Financial's medical costs?
Over 4 years (2021 to 2025), Ameriprise Financial's medical costs has grown at a 16.1% compound annual growth rate (CAGR), from $716.00M to $1.30B.
What does medical costs mean?
The cost of paying for medical services and claims for insurance members.