The nation’s largest payers have filed their fourth-quarter earnings reports, revealing how medical loss ratios changed year over year.
Payers ranked by medical loss ratios in 2023:
Humana
2023: 88%
2022: 86.6%
Centene
2023: 87.7%
2022: 87.7%
Elevance Health
2023: 87%
2022: 87.6%
CVS Health
2023: 86.2%
2022: 83.8%
UnitedHealth Group
2023: 83.2%
2022: 82%
Cigna Group
2023: 81.3%
2022: 81.7%
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