Becker's Healthcare May 7, 2021
Seven for-profit health insurers saw their revenues and profits increase during the first quarter of the 2021 fiscal year.
Here’s how they fared:
1. Cigna recorded revenue of $41 billion in the three months ended March 31, up from $38.5 billion in the same period a year prior. The insurer ended the quarter with a $1.2 billion profit, nearly unchanged from the previous year.
2. CVS Health said its healthcare benefits segment Aetna saw total revenue increase 6.7 percent, and adjusted operating income increase 19.5 percent. The company said it gained 214,000 new members since Dec. 31.
3. Humana’s revenues grew 9.2 percent year over year to $20.7 billion in the three months ended March 31. The insurer’s first-quarter...
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