Discontinued — last reported Q3 '23
Business Segments · Operating Expenses
Health Care Benefits — Operating Expenses
CVS Health Health Care Benefits — Operating Expenses decreased by 7.1% to $9.17B in Q2 2022 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ3 2023
Rolls up toTotal Operating Expenses
How to read this metric
An increase relative to revenue suggests declining operational efficiency, while a decrease indicates successful cost-containment or economies of scale.
Detailed definition
This metric captures the non-medical administrative and operational costs required to run the health benefits business,...
Peer comparison
Standard across insurance and service companies as 'Selling, General, and Administrative (SG&A) Expenses'.
Metric ID:
cvs_segment_health_care_benefits_operating_expensesHistorical Data
3 periods
| Q2 '21 | Q1 '22 | Q2 '22 | |
|---|---|---|---|
| Value | $8.87B | $9.88B | $9.17B |
| QoQ Change | — | +11.4% | -7.1% |
| YoY Change | — | — | +3.4% |
Range$8.87B – $9.88B
Avg YoY Growth+3.4%
Median YoY Growth+3.4%
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Frequently Asked Questions
- What is CVS Health's health care benefits — operating expenses?
- CVS Health (CVS) reported health care benefits — operating expenses of $9.17B in Q2 2022.
- What does health care benefits — operating expenses mean?
- The administrative and overhead costs required to operate the health insurance business segment.