Discontinued — last reported Q4 '22
Business Segments · Current Year Claims and Claims Adjustment Expense
Other Segment — Current Year Claims and Claims Adjustment Expense
Elevance Health Other Segment — Current Year Claims and Claims Adjustment Expense remained flat by 0.0% to $388.00M in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 5.3%, from $409.50M to $388.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ4 2022
How to read this metric
An increase relative to premium revenue indicates a rising medical loss ratio, which negatively impacts profitability.
Detailed definition
This metric tracks the medical claims and associated adjustment expenses incurred during the current fiscal year. It is...
Peer comparison
Comparable to 'Incurred Claims' reported by all major health insurance providers.
Metric ID:
elv_segment_other_segment_current_year_claims_and_claims_adjustment_expenseHistorical Data
2 years
| FY'21 | FY'22 | |
|---|---|---|
| Value | $1.64B | $1.55B |
| YoY Change | — | -5.3% |
Range$1.55B – $1.64B
Avg YoY Growth-5.3%
Median YoY Growth-5.3%
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Frequently Asked Questions
- What is Elevance Health's other segment — current year claims and claims adjustment expense?
- Elevance Health (ELV) reported other segment — current year claims and claims adjustment expense of $388.00M in Q4 2022.
- How has Elevance Health's other segment — current year claims and claims adjustment expense changed year-over-year?
- Elevance Health's other segment — current year claims and claims adjustment expense decreased by 5.3% year-over-year, from $409.50M to $388.00M.
- What does other segment — current year claims and claims adjustment expense mean?
- The total cost of medical claims and processing expenses for the current year.