Discontinued — last reported Q1 '22
Business Segments · Total net incurred medical claims
Commercial Specialty Business — Total net incurred medical claims
Elevance Health Commercial Specialty Business — Total net incurred medical claims decreased by 10.8% to $6.83B in Q1 2022 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2022Apr 20, 2022
How to read this metric
Used to calculate the Medical Loss Ratio; lower values relative to revenue indicate higher underwriting profitability.
Detailed definition
This is the aggregate of all net medical claims incurred by the Commercial and Specialty segment, including both current...
Peer comparison
Standard industry metric for total medical expense, comparable across all major health insurance carriers.
Metric ID:
elv_segment_commercial_specialty_business_segment_total_net_incurred_medical_claimsHistorical Data
4 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | |
|---|---|---|---|---|
| Value | $6.72B | $7.21B | $7.66B | $6.83B |
| QoQ Change | — | +7.4% | +6.3% | -10.8% |
Range$6.72B – $7.66B
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Frequently Asked Questions
- What is Elevance Health's commercial specialty business — total net incurred medical claims?
- Elevance Health (ELV) reported commercial specialty business — total net incurred medical claims of $6.83B in Q1 2022.
- What does commercial specialty business — total net incurred medical claims mean?
- The total net medical claims expense for the segment, including current and prior period adjustments.