Business Segments · Operating costs
Insurance — Operating costs
Humana Insurance — Operating costs decreased by 17.1% to $2.78B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.9%, from $2.53B to $2.78B. Over 3 years (FY 2021 to FY 2025), Insurance — Operating costs shows an upward trend with a 10.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Lower costs relative to revenue indicate better operational efficiency and economies of scale.
Detailed definition
The administrative and general expenses required to run the insurance segment, including personnel, technology, marketin...
Peer comparison
Comparable to administrative expense ratios at other health insurers.
Metric ID:
hum_segment_insurance_operating_costsHistorical Data
18 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.09B | $2.09B | $2.09B | $2.09B | $2.11B | $2.42B | $2.55B | $2.63B | $2.81B | $2.36B | $2.40B | $2.60B | $3.09B | $2.53B | $2.56B | $2.81B | $3.36B | $2.78B |
| QoQ Change | — | +0.0% | +0.0% | +0.1% | +0.9% | +14.9% | +5.3% | +3.5% | +6.7% | -15.9% | +1.3% | +8.4% | +19.0% | -18.0% | +0.9% | +9.8% | +19.7% | -17.1% |
| YoY Change | — | — | — | — | +1.0% | +15.9% | +20.9% | — | — | -2.2% | -5.9% | -1.5% | +9.9% | +7.2% | +6.8% | +8.2% | +8.8% | +9.9% |
Range$2.09B – $3.36B
CAGR+7.0%
Avg YoY Growth+6.6%
Median YoY Growth+7.7%
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Frequently Asked Questions
- What is Humana's insurance — operating costs?
- Humana (HUM) reported insurance — operating costs of $2.78B in Q1 2026.
- How has Humana's insurance — operating costs changed year-over-year?
- Humana's insurance — operating costs increased by 9.9% year-over-year, from $2.53B to $2.78B.
- What is the long-term trend for Humana's insurance — operating costs?
- Over 3 years (2021 to 2025), Humana's insurance — operating costs has grown at a 10.5% compound annual growth rate (CAGR), from $8.34B to $11.26B.
- What does insurance — operating costs mean?
- The administrative costs of running the insurance business, excluding medical claims.