Discontinued — last reported Q3 '22
Business Segments · Benefits Losses And Expenses
Group and Specialty — Benefits Losses And Expenses
Humana Group and Specialty — Benefits Losses And Expenses increased by 1.3% to $1.50B in Q3 2022 compared to the prior quarter. Year-over-year, this metric declined by 12.8%, from $1.72B to $1.50B. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ3 2022
How to read this metric
An increase relative to premiums suggests rising medical costs or deteriorating underwriting performance, while a decrease indicates improved cost control or favorable claims experience.
Detailed definition
This metric represents the total costs incurred by the Group and Specialty segment related to medical claims, pharmacy b...
Peer comparison
Standard across health insurers as 'Medical Loss Ratio' components or 'Benefit Expenses' by segment.
Metric ID:
hum_segment_group_and_specialty_benefits_losses_and_expensesHistorical Data
6 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|---|
| Value | $1.68B | $1.72B | $1.76B | $1.48B | $1.48B | $1.50B |
| QoQ Change | — | +2.7% | +2.1% | -15.8% | +0.1% | +1.3% |
| YoY Change | — | — | — | — | -11.6% | -12.8% |
Range$1.48B – $1.76B
CAGR-8.5%
Avg YoY Growth-12.2%
Median YoY Growth-12.2%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is Humana's group and specialty — benefits losses and expenses?
- Humana (HUM) reported group and specialty — benefits losses and expenses of $1.50B in Q3 2022.
- How has Humana's group and specialty — benefits losses and expenses changed year-over-year?
- Humana's group and specialty — benefits losses and expenses decreased by 12.8% year-over-year, from $1.72B to $1.50B.
- What does group and specialty — benefits losses and expenses mean?
- The total medical claims and related service costs for the Group and Specialty insurance segment.