Other

Benefits, Losses and Expenses

Humana Benefits, Losses and Expenses increased by 13.7% to $37.89B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 25.9%, from $30.10B to $37.89B. Over 4 years (FY 2021 to FY 2025), Benefits, Losses and Expenses shows an upward trend with a 12.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026

How to read this metric

An increase often reflects higher claim frequency or severity, which can negatively impact underwriting margins.

Detailed definition

This captures the total outflows related to policyholder benefits, claims, and other associated insurance expenses. It r...

Peer comparison

This is a fundamental metric for insurance companies; peers are compared based on their loss ratios to determine underwriting discipline.

Metric ID: other_benefits_losses_and_expenses

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$19.41B$20.07B$20.99B$22.68B$22.45B$21.63B$22.32B$25.02B$25.31B$25.22B$26.81B$28.38B$28.40B$28.67B$29.76B$30.10B$31.29B$32.25B$33.32B$37.89B
QoQ Change+3.4%+4.6%+8.0%-1.0%-3.7%+3.2%+12.1%+1.2%-0.4%+6.3%+5.8%+0.1%+1.0%+3.8%+1.1%+4.0%+3.1%+3.3%+13.7%
YoY Change+15.7%+7.8%+6.3%+10.3%+12.8%+16.6%+20.1%+13.4%+12.2%+13.7%+11.0%+6.1%+10.2%+12.5%+12.0%+25.9%
Range$19.41B$37.89B
CAGR+15.1%
Avg YoY Growth+12.9%
Median YoY Growth+12.3%
Current Streak10 quarters growth

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Insurance$27.76B$28.10B$28.82B$29.36B$30.33B$30.94B$32.27B$36.62B
CenterWell$4.61B$4.66B$4.80B$4.70B$5.19B$5.57B$5.66B$5.81B
Total$28.40B$28.67B$29.76B$30.10B$31.29B$32.25B$33.32B$37.89B

Frequently Asked Questions

What is Humana's benefits, losses and expenses?
Humana (HUM) reported benefits, losses and expenses of $37.89B in Q1 2026.
How has Humana's benefits, losses and expenses changed year-over-year?
Humana's benefits, losses and expenses increased by 25.9% year-over-year, from $30.10B to $37.89B.
What is the long-term trend for Humana's benefits, losses and expenses?
Over 4 years (2021 to 2025), Humana's benefits, losses and expenses has grown at a 12.3% compound annual growth rate (CAGR), from $79.92B to $126.96B.
What does benefits, losses and expenses mean?
The total costs associated with paying out insurance claims and managing policyholder benefits.