Carelon Services — Benefit expense
Elevance Health Carelon Services — Benefit expense decreased by 3.8% to $6.09B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.4%, from $5.32B to $6.09B. Over 3 years (FY 2022 to FY 2025), Carelon Services — Benefit expense shows an upward trend with a 35.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to premiums may indicate rising medical costs or less favorable claims experience, while a decrease may suggest improved medical management.
Detailed definition
The total costs incurred by the Carelon Services segment for medical claims and health benefits provided to covered memb...
Peer comparison
Comparable to medical claims expense or benefit costs in health insurance segments across the industry.
elv_segment_carelon_services_benefit_expenseHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.42B | $2.42B | $2.42B | $2.42B | $2.65B | $2.65B | $2.65B | $2.65B | $3.01B | $3.63B | $3.77B | $3.98B | $5.32B | $6.29B | $6.35B | $6.33B | $6.09B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +9.8% | +0.0% | +0.0% | +0.0% | +13.5% | +20.7% | +3.7% | +5.6% | +33.7% | +18.3% | +0.9% | -0.4% | -3.8% |
| YoY Change | — | — | — | — | +9.8% | +9.8% | +9.8% | +9.8% | +13.5% | +36.9% | +42.0% | +50.0% | +76.7% | +73.2% | +68.5% | +59.0% | +14.4% |
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Frequently Asked Questions
- What is Elevance Health's carelon services — benefit expense?
- Elevance Health (ELV) reported carelon services — benefit expense of $6.09B in Q1 2026.
- How has Elevance Health's carelon services — benefit expense changed year-over-year?
- Elevance Health's carelon services — benefit expense increased by 14.4% year-over-year, from $5.32B to $6.09B.
- What is the long-term trend for Elevance Health's carelon services — benefit expense?
- Over 3 years (2022 to 2025), Elevance Health's carelon services — benefit expense has grown at a 35.9% compound annual growth rate (CAGR), from $9.67B to $24.28B.
- What does carelon services — benefit expense mean?
- Total medical costs paid out for member benefits within the Carelon Services segment.