CVS Health CVS Health Care Benefits — Operating expenses, excluding other segment items

Similar metrics at other companies

ELVHealth Benefits — Operating expense

$4.88B+1.2%

HIGEmployee Benefits — Insurance Operating Costs and Other Expenses

$428.75M+4.0%

VOYAHealth Solutions Segment — Other expense

$0—

GHC

GHCHealthcare — Other Segment Items

$49.12M+4.0%

CLXHealth and Wellness — Other segment items

$152M-2.6%

VOYAEmployee Benefits — Other Operating Expenses

$242.5M+2.0%

Questions, answered.

What is CVS Health's health care benefits — operating expenses, excluding other segment items?

CVS Health (CVS) reported health care benefits — operating expenses, excluding other segment items of $4.35B in Q1 2026.

What does health care benefits — operating expenses, excluding other segment items mean?

This metric measures the core administrative and operational costs required to manage the health insurance business, excluding non-recurring or non-operating items such as restructuring charges, goodwill impairments, or specific segment realignments. It reflects the efficiency of the company's internal processes, including member services, claims administration, and general overhead. Investors use this to evaluate the underlying cost structure of the insurance segment independent of one-time financial events.