The nation’s largest payers have filed their third-quarter earnings reports, revealing which companies recorded the largest profits for the three months ended Sept. 30.
1. UnitedHealth Group: $2.3 billion
Total net income in the third quarter was $2.3 billion. UnitedHealthcare’s total earnings from operations were $1.8 billion.
2. Cigna Group: $1.9 billion
Total net income in Q3 was nearly $1.9 billion. Cigna Healthcare reported an adjusted operating income of more than $1 billion.
3. Elevance Health: $1.2 billion
Total net income in Q3 was nearly $1.2 billion. The insurance division reported a total operating income of $601 million.
4. Humana: $195 million
Total net income in Q3 was $195 million. The company’s insurance segment reported an operating income of $251 million.
5. Molina Healthcare: $79 million
6. CVS Health: $4 billion loss
CVS recorded a nearly $4 billion loss in Q3. Aetna reported an adjusted operating income of $314 million.
7. Centene: $6.6 billion loss
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