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Elevance Health ELV Health Benefits — Benefit expense
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Where this comes from
Reported directly by Elevance Health in its filing.
Tagged under the XBRL concept us-gaap:PolicyholderBenefitsAndClaimsIncurredNet.
The source filing: Elevance Health’s 10-Q, filed July 15, 2026.
- Filed
- Jul 15, 2026, 11:27 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001156039-26-000060
| Three Months Ended June 30, 2026 | Health Benefits / Three Months Ended June 30, 2026 | Carelon / Carelon Rx | Carelon / Carelon Services | Carelon / Total | Corporate & Other | Eliminations | Total |
|---|---|---|---|---|---|---|---|
| Operating revenue - unaffiliated | 42,720 | 6,267 | 1,040 | 7,307 | — | (201) | 49,826 |
| Operating revenue - affiliated | — | 4,983 | 6,935 | 11,918 | 6 | (11,924) | — |
| Operating revenue - total | $42,720 | $11,250 | $7,975 | $19,225 | $6 | $(12,125) | $49,826 |
| Benefit expense | $36,739 | — | $6,743 | $6,743 | $6 | $(6,464) | $37,024 |
| Cost of products sold | — | 10,473 | — | 10,473 | — | (4,981) | 5,492 |
| Operating expense | 5,085 | 195 | 866 | 1,061 | 81 | (680) | 5,547 |
| Operating gain (loss) | $896 | $582 | $366 | $948 | $(81) | — | $1,763 |
| Three Months Ended June 30, 2025 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Elevance Health's health benefits — benefit expense?
- Elevance Health (ELV) reported health benefits — benefit expense of $36.74B in Q2 2026.
- How has Elevance Health's health benefits — benefit expense changed year-over-year?
- Elevance Health's health benefits — benefit expense increased by 3.5% year-over-year, from $35.49B to $36.74B.
- What is the long-term trend for Elevance Health's health benefits — benefit expense?
- Over 3 years (2022 to 2025), Elevance Health's health benefits — benefit expense has grown at a 7.5% compound annual growth rate (CAGR), from $115.87B to $143.89B.
- What does health benefits — benefit expense mean?
- This metric represents the direct costs incurred for medical services and claims paid on behalf of insured members within the Health Benefits segment. It is the primary variable cost associated with the insurance business and is a critical component of the medical loss ratio. Managing this expense is essential for maintaining underwriting profitability.
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