Elevance Health Reported Q2 Total Medical Membership Of 45.78M, Down 5% YoY And The Benefit Expense Ratio Was 86.3%, An Improvement Of 10 Basis Points
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Elevance Health reported a Q2 total medical membership of 45.78 million, down 5% year-over-year. However, the benefit expense ratio improved by 10 basis points to 86.3%.
July 17, 2024 | 10:04 am
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Elevance Health's Q2 results show a 5% decline in total medical membership to 45.78 million, but an improvement in the benefit expense ratio by 10 basis points to 86.3%.
The decline in medical membership could be seen as a negative, but the improvement in the benefit expense ratio is a positive. These mixed results are likely to have a neutral short-term impact on the stock price.
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