The country's five largest commercial payers posted strong results for the third quarter of fiscal year 2018.
Here is how Aetna, Anthem, Cigna, Humana and UnitedHealth fared:
1. Aetna's total revenue grew 3 percent in the third quarter of this year compared to the same period in 2017, up from $15 billion to $15.5 billion. After expenses, Aetna's net income grew 19 percent in the third quarter of 2018 to $1 billion. That's compared to $838 million the health insurer posted in the same period of 2017.
2. Anthem's operating revenue grew 4 percent in the third quarter of this year to $23 billion, up from $22.1 billion in the same period a year prior. Including expenses and nonoperating gains, Anthem ended the third quarter of 2018 with $960 million in net income, up 29 percent from $747 million recorded in the same period last year.
3. Cigna posted total revenues of $11.5 billion for the three months ended Sept. 30, up 9 percent compared to the third quarter of 2017. After including expenses and nonoperating gains, Cigna ended the third quarter with net income of $772 million, up nearly 38 percent from $560 million recorded in the same period a year prior.
4. Humana's third quarter revenues were up 7 percent to $14.2 billion, compared to $13.3 billion reported in the same period a year prior. Revenues outpaced expenses, which climbed 6.6 percent year over year to $13.2 billion, up from $12.4 billion in the same period a year prior. Humana ended the three-month period with net income of $644 million, up from $499 million reported in the same period a year prior.
5. UnitedHealth Group grew revenues 12.4 percent year over year to $56.6 billion in the third quarter of this year when compared to the same period last year. Year-to-date, UnitedHealth's profits are up 29 percent to $8.9 billion when compared to the first nine months of 2017, after including expenses.