The nation's largest payers have filed their second-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. A ranking of Q1 profits is here.
1. UnitedHealth Group
Revenue: $92.9 billion
Net income: $5.5 billion
UnitedHealthcare
Revenue: $70.2 billion
Operational earnings: $4.4 billion
2. CVS Health
Revenue: $88.9 billion
Net income: $1.9 billion
Aetna
Revenue: $26.7 billion
Operating income: $1.2 billion
3. Elevance Health
Revenue: $43.7 billion
Net income: $1.85 billion
Health benefits segment
Operating income: $2.1 billion
4. Cigna Group
Revenue: $48.6 billion
Net income: $1.5 billion
Cigna Healthcare (insurance)
Revenue: $12.7 billion
Operating income: $1.1 billion
5. Centene
Revenue: $37.6 billion
Net income: $1.06 billion
6. Humana
Revenue: $26.7 billion
Net income: $959 million
Insurance segment
Revenue: $25.9 billion
Operating income: $1.03 billion