Discontinued — last reported Q3 '22
Government Business Segment — Insurance Services Revenue
Elevance Health Government Business Segment — Insurance Services Revenue increased by 3.1% to $24.57B in Q3 2022 compared to the prior quarter. Year-over-year, this metric grew by 13.4%, from $21.66B to $24.57B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests successful enrollment growth or higher premium rates in government contracts, while a decrease may indicate loss of state contracts or reduced member retention.
Detailed definition
This metric represents the total revenue generated from insurance products and services provided to government-sponsored...
Peer comparison
Comparable to government segment revenues reported by other large managed care organizations like UnitedHealth Group or Centene.
elv_segment_government_business_segment_insurance_services_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|
| Value | $20.07B | $21.66B | $23.76B | $23.84B | $24.57B |
| QoQ Change | — | +7.9% | +9.7% | +0.3% | +3.1% |
| YoY Change | — | — | — | +18.8% | +13.4% |
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Frequently Asked Questions
- What is Elevance Health's government business segment — insurance services revenue?
- Elevance Health (ELV) reported government business segment — insurance services revenue of $24.57B in Q3 2022.
- How has Elevance Health's government business segment — insurance services revenue changed year-over-year?
- Elevance Health's government business segment — insurance services revenue increased by 13.4% year-over-year, from $21.66B to $24.57B.
- What does government business segment — insurance services revenue mean?
- Total revenue earned from providing health insurance coverage to government-sponsored program members.