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MetLife MET Long-term Care — Benefit payments

Other product segments

Fixed & Immediate Annuities
-$1.83B-12.8%
Accident & health insurance
-$310M0.0%
Whole and Term Life & Endowments
-$256M-4.9%
Fixed Annuity
-$238M-26.6%

Similar metrics at other companies

Prudential Financial logo
PRULong- Term Care — Benefit payments
-$100M-14.9%
Principal Financial Group logo
PFGLong Term Care Insurance — Liability For Future Policy Benefits Payment For Benefits
$3.9M0.0%
Unum logo
UNMLong-term Care — Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment
$283M+11.3%
Ameriprise Financial logo
AMPLong Term Care Insurance — Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment
$107M0.0%
General Electric logo
GELong-term care — Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment
$399M+13.7%
Ameriprise Financial logo
AMPLong Term Care Insurance — Expected future benefit payments
$10.11B-2.7%

Other financials

Income statement

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Revenue$19.1B+2.7%
Net income$1.2B+25.4%
EPS (diluted)$1.74+35.9%

Balance sheet

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Cash & equivalents$22.7B+6.4%
Total debt$14.8B-1.5%
Total equity$27.3B-0.6%
Total assets$743.21B+8.0%

Cash flow

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Operating cash flow$2.7B-37.0%

Valuation

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Market cap$55.3B+3.4%
Enterprise value$47.47B+0.9%
P/E15.3×+2.8×
P/S0.7×0.0×

Profitability

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Net margin4.7%-1.5pp

Returns & leverage

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Return on equity13.2%-2.9pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by MetLife in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitsPaymentForBenefits.

The official record: MetLife’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MetLife's long-term care — benefit payments?
MetLife (MET) reported long-term care — benefit payments of -$250M in Q1 2026.
How has MetLife's long-term care — benefit payments changed year-over-year?
MetLife's long-term care — benefit payments decreased by 11.1% year-over-year, from -$225M to -$250M.
What is the long-term trend for MetLife's long-term care — benefit payments?
Over 4 years (2021 to 2025), MetLife's long-term care — benefit payments has grown at a 9.6% compound annual growth rate (CAGR), from -$642M to -$928M.
What does long-term care — benefit payments mean?
This metric represents the total cash outflows paid to policyholders for long-term care insurance claims during a specific period. It reflects the actual realization of insurance risk and the company's obligation to cover care costs for aging or chronically ill policyholders. Monitoring these payments is essential for assessing the adequacy of reserves and the underlying profitability of the long-term care block.