Big payers ranked by Q1 profit

The nation’s largest payers have filed their first-quarter earnings reports, detailing revenue and profit totals. Becker’s analyzed financial earnings at each company as a whole, along with their individual health benefits segments.

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1. UnitedHealth Group
Revenue: $91.9 billion
Net income: $5.6 billion

UnitedHealthcare
Revenue: $70.4 billion
Operational earnings: $4.3 billion

2. CVS Health
Revenue: $85.3 billion
Net income: $2.1 billion

Aetna
Revenue: $25.9 billion
Operating income: $1.8 billion

3. Elevance Health
Revenue: $42.2 billion
Net income: $2 billion

Health benefits
Operating revenue: $37.3 billion


4. Cigna Group
Revenue: $46.5 billion
Net income: $1.3 billion

Cigna Healthcare (insurance)
Revenue: $12.8 billion
Operating income: $1.1 billion


5. Humana
Revenue: $26.7 billion
Net income: $1.2 billion

Insurance segment
Revenue: $25.9 billion
Operating income: $1.3 billion


6. Centene
Revenue: $38.9 billion
Net income: $1.1 billion

At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.

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