Managed Care Payer / Health Benefits Platform

Health insurers, managed-care organizations, and payer-services platforms that collect premiums or administrative fees and manage medical cost risk for commercial, Medicare Advantage, Medicaid, ACA Marketplace, and related health-benefits populations. Economics are driven by medical membership, premium yield, medical cost trend, risk adjustment, benefit design, provider contracting, pharmacy/PBM e

Each company on its own headline number

TickerCompanyTheir metricPeriodYoYA year ago
OSCROscar Health, Inc.Individual and Small Group MembersFY2026-Q2+46.9%+32.5%
ELVElevance Health Inc.Benefit Expense RatioFY2026-Q2+0.8 pts+2.6 pts
HUMHumana Inc.Insurance Segment Benefit RatioFY2026-Q2+1.3 pts+0.7 pts
CVSCVS Health CorporationMedical Benefit RatioFY2026-Q2-2.5 pts+0.3 pts
CNCCentene CorporationTotal Medicaid membershipFY2026-Q2-5.5%-2.4%

Where they use the same metric

  • Operating Expense Ratio — reported by 3 of 11
  • Days in claims payable — reported by 3 of 11

A side-by-side appears only when three or more companies report the same metric in the same unit under their own definition. Companies are listed in value order, not ranked: whether a higher number is better is not asserted.

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