Business Segments · Operating expenses, excluding other segment items
Health Care Benefits — Operating expenses, excluding other segment items
CVS Health Health Care Benefits — Operating expenses, excluding other segment items increased by 3.5% to $4.35B in Q1 2026 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2025
Last reportedQ1 2026
How to read this metric
A decrease relative to revenue indicates improved operational efficiency and better expense management, whereas an increase may suggest rising administrative burdens or inflationary pressures on business operations.
Detailed definition
This metric measures the core administrative and operational costs required to manage the health insurance business, exc...
Peer comparison
Commonly analyzed as part of the Medical Loss Ratio (MLR) or Administrative Expense Ratio, which are standard benchmarks for health insurance profitability.
Metric ID:
cvs_segment_health_care_benefits_operating_expenses_excluding_other_segment_itemsHistorical Data
2 periods
| Q1 '25 | Q1 '26 | |
|---|---|---|
| Value | $4.20B | $4.35B |
| QoQ Change | — | +3.5% |
| YoY Change | — | +3.5% |
Range$4.20B – $4.35B
Avg YoY Growth+3.5%
Median YoY Growth+3.5%
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Frequently Asked Questions
- 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?
- The recurring day-to-day costs of running the health insurance business, excluding one-time or unusual expenses.