Discontinued — last reported Q3 '22
Commercial Specialty — Insurance Services Revenue
Elevance Health Commercial Specialty — Insurance Services Revenue decreased by 0.6% to $10.49B in Q3 2022 compared to the prior quarter. Year-over-year, this metric grew by 6.4%, from $9.86B to $10.49B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests successful member acquisition or higher premium pricing, while a decrease may indicate market share loss or competitive pricing pressure.
Detailed definition
This metric represents the total revenue generated from insurance products and services within the commercial and specia...
Peer comparison
Comparable to commercial segment premiums and service revenue reported by major diversified health insurers like UnitedHealth Group or Cigna.
elv_segment_commercial_specialty_insurance_services_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|
| Value | $9.55B | $9.86B | $10.27B | $10.56B | $10.49B |
| QoQ Change | — | +3.3% | +4.1% | +2.8% | -0.6% |
| YoY Change | — | — | — | +10.6% | +6.4% |
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Frequently Asked Questions
- What is Elevance Health's commercial specialty — insurance services revenue?
- Elevance Health (ELV) reported commercial specialty — insurance services revenue of $10.49B in Q3 2022.
- How has Elevance Health's commercial specialty — insurance services revenue changed year-over-year?
- Elevance Health's commercial specialty — insurance services revenue increased by 6.4% year-over-year, from $9.86B to $10.49B.
- What does commercial specialty — insurance services revenue mean?
- The total income earned from providing health insurance and specialty benefit services to commercial and individual customers.