Discontinued — last reported Q1 '22
Business Segments · Current period net incurred medical claims
Other — Current period net incurred medical claims
Elevance Health Other — Current period net incurred medical claims decreased by 11.7% to $408.00M 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 2019
Last reportedQ1 2022
How to read this metric
An increase relative to premiums suggests rising medical costs or higher utilization, which can compress margins.
Detailed definition
This represents the total cost of medical services provided to members during the current reporting period, net of reins...
Peer comparison
Standard industry metric for assessing the core cost of goods sold for health insurers.
Metric ID:
elv_segment_other_segment_current_period_net_incurred_medical_claimsHistorical Data
4 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | |
|---|---|---|---|---|
| Value | $400.00M | $425.00M | $462.00M | $408.00M |
| QoQ Change | — | +6.3% | +8.7% | -11.7% |
Range$400.00M – $462.00M
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Frequently Asked Questions
- What is Elevance Health's other — current period net incurred medical claims?
- Elevance Health (ELV) reported other — current period net incurred medical claims of $408.00M in Q1 2022.
- What does other — current period net incurred medical claims mean?
- The total net cost of medical care provided to members during the current period.