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Clover Health Investments CLOV Insurance segment — Net medical claims incurred
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Where this comes from
Reported directly by Clover Health Investments in its filing.
Tagged under the XBRL concept us-gaap:PolicyholderBenefitsAndClaimsIncurredNet.
The source filing: Clover Health Investments’s 10-Q, filed May 8, 2026.
- Filed
- May 8, 2026, 8:06 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001801170-26-000122
| Insurance Segment | Three months ended March 31, 2026 | Three months ended March 31, 2025 |
|---|---|---|
| Premiums earned, net (net of ceded premiums) | $744,189 | $456,906 |
| Less: | ||
| Net medical claims incurred | 610,001 | 367,887 |
| Segment gross profit | $134,188 | $89,019 |
| Reconciliation: | ||
| Elimination of intersegment profits | $20,353 | $14,445 |
| Other income | 5,000 | 5,425 |
| Salaries and benefits | (57,063) | (59,022) |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Clover Health Investments's insurance segment — net medical claims incurred?
- Clover Health Investments (CLOV) reported insurance segment — net medical claims incurred of $610M in Q1 2026.
- How has Clover Health Investments's insurance segment — net medical claims incurred changed year-over-year?
- Clover Health Investments's insurance segment — net medical claims incurred increased by 65.8% year-over-year, from $367.89M to $610M.
- What does insurance segment — net medical claims incurred mean?
- This reflects the total costs associated with medical services provided to insured members, net of any recoveries. It is a critical measure of the segment's medical loss ratio and the effectiveness of clinical management strategies.
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