$18.2 Billion. This is the combined Operating Profit for publicly traded Medicare companies in Q3 2023. UnitedHealth Group (“UNH”) Elevance Health (“ELV”) Centene Corp. (“CNC”) Humana (“HUM”) CVS (“CVS”) Cigna (“CI”) Ever wonder how these companies stack up side-by-side? Go here for a deep dive comparing key financial results: https://lnkd.in/gZcKXHkF ____ If you are a leader in the Medicare space, give me a follow. I post Medicare Market insights daily!
Thanks for posting. This is really informative
I always knew UnitedHealth held the largest share, and this is a helpful reminder of how much. Thanks for sharing.
Is this total profits? With all their other Lines of Business?
This is really Good comparison. Thanks for this detailed analysis
Yikes, the bigger question is how are these companies raking in these record profits? Automatic denials that are causing a vulnerable population, oftentimes poor, and not fully lucid with no retirement savings to jump through illegal hoops put there by the insurance company to access the care that was promised to them. This is not celebratory.
Yet CMS wants to regulate agent commish because “we’re” the problem!!
Cayman Honea this looks like something you would enjoy reading!
Jared Strock don’t forget Molina Healthcare!
Building Better Teams and Companies
11moBoth Humana and CVS showed a contraction on profit but revenue growth when looking at the change. Was that due to acquisitions? Reading the change chart makes it look like they are spending 2 dollars for every 1 dollar in revenue in some growth areas.