Discontinued — last reported Q3 '22
Other Products — Insurance Services Revenue
Elevance Health Other Products — Insurance Services Revenue decreased by 28.9% to $258.00M in Q3 2022 compared to the prior quarter. Year-over-year, this metric grew by 35.1%, from $191.00M to $258.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests successful diversification and higher penetration of ancillary services within the existing member base, while a decrease may indicate reduced demand for supplemental products or competitive pressure in non-core service areas.
Detailed definition
This metric represents the revenue generated from ancillary insurance products and specialized health services that fall...
Peer comparison
Peers often report this under 'Other Revenue' or 'Service Revenue' segments, encompassing pharmacy benefit management, behavioral health, or administrative service fees.
elv_segment_other_products_insurance_services_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|---|
| Value | $178.00M | $191.00M | $206.00M | $310.00M | $363.00M | $258.00M |
| QoQ Change | — | +7.3% | +7.9% | +50.5% | +17.1% | -28.9% |
| YoY Change | — | — | — | — | +103.9% | +35.1% |
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Frequently Asked Questions
- What is Elevance Health's other products — insurance services revenue?
- Elevance Health (ELV) reported other products — insurance services revenue of $258.00M in Q3 2022.
- How has Elevance Health's other products — insurance services revenue changed year-over-year?
- Elevance Health's other products — insurance services revenue increased by 35.1% year-over-year, from $191.00M to $258.00M.
- What does other products — insurance services revenue mean?
- Revenue earned from non-core insurance products and specialized health service offerings.