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Elevance Health, Inc.

ELVNYSEHospital & Medical Service PlansFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 21, 2026Score 15/3014% below fair value
$413.60−6.47 (-1.54%)

Close on Nov 2, 2026Market cap $89.70BP/E 18.4Yield –

Elevance Health Direct & Assumed Policyholder Benefits Incurred by Year

Direct & Assumed Policyholder Benefits Incurred (Gross Before Reinsurance) ($M)

Elevance Health Direct & Assumed Policyholder Benefits Incurred: $143,820M in FY2025, up 16.4% from a year earlier. That is the highest of the 12 years on record here.

Latest, FY2025
143,820
Period ended Dec 31, 2025
Change on a year earlier
+16.4%
123,602 in FY2024
History
12 years
Since FY2014
Sources
2
Documents cited below

Where the FY2025 figure comes from

“us-gaap:PolicyholderBenefitsAndClaimsIncurredGross (2025-12-31): 143,820,000,000.00”

Source: ELV 10-K (XBRL us-gaap:PolicyholderBenefitsAndClaimsIncurredGross) ↗

Annual history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedDirect & Assumed Policyholder Benefits Incurred (Gross Before Reinsurance) ($M)Year on yearSource
FY2025Dec 31, 2025143,820+16.4%ELV 10-K (XBRL us-gaap:PolicyholderBenefitsAndClaimsIncurredGross) ↗
FY2024Dec 31, 2024123,602+3.5%ELV 10-K (XBRL us-gaap:PolicyholderBenefitsAndClaimsIncurredGross) ↗
FY2023Dec 31, 2023119,409+6.6%ELV 10-K (XBRL us-gaap:PolicyholderBenefitsAndClaimsIncurredGross) ↗
FY2022Dec 31, 2022112,061+14.1%ELV 10-K (XBRL us-gaap:PolicyholderBenefitsAndClaimsIncurredGross) ↗
FY2021Dec 31, 202198,211+15.3%ELV 10-K (XBRL us-gaap:PolicyholderBenefitsAndClaimsIncurredGross) ↗
FY2020Dec 31, 202085,168+7.7%ELV 10-Q (XBRL us-gaap:PolicyholderBenefitsAndClaimsIncurredGross) ↗
FY2019Dec 31, 201979,110+11.8%ELV 10-K (XBRL us-gaap:PolicyholderBenefitsAndClaimsIncurredGross) ↗
FY2018Dec 31, 201870,789-1.9%ELV 10-K (XBRL us-gaap:PolicyholderBenefitsAndClaimsIncurredGross) ↗
FY2017Dec 31, 201772,135+7.3%ELV 10-K (XBRL us-gaap:PolicyholderBenefitsAndClaimsIncurredGross) ↗
FY2016Dec 31, 201667,222+9.0%ELV 10-K (XBRL us-gaap:PolicyholderBenefitsAndClaimsIncurredGross) ↗
FY2015Dec 31, 201561,674+7.3%ELV 10-K (XBRL us-gaap:PolicyholderBenefitsAndClaimsIncurredGross) ↗
FY2014Dec 31, 201457,497–ELV 10-K (XBRL us-gaap:PolicyholderBenefitsAndClaimsIncurredGross) ↗

Cite this data

StockData. (2026). Elevance Health Direct & Assumed Policyholder Benefits Incurred ($M), annual FY2014–FY2025 [Data set]. Compiled from Elevance Health SEC filings and investor materials. https://stockdatahq.com/stocks/elv/kpis/mcp-claims-incurred-gross-direct

See every metric in the Elevance Health KPI table. Data updated Oct 28, 2026.