Based on their fourth quarter earnings reports, Becker’s Hospital Review has ranked the nation’s payers by their 2025 net income. Here are their rankings:
- UnitedHealth Group, with $12.1 billion in profits
- Cigna, with $6 billion in profits
- Elevance Health, with $5.7 billion in profits
- CVS Health, with $1.8 billion in profits
- Humana, with $1.2 billion in profits
The Becker’s Hospital Review article is linked here.