Insurers Beat Estimates, But Second Quarter's the Test

Major health insurers started 2023 on a high note with robust first-quarter earnings, surpassing Wall Street expectations despite rising medical costs. UnitedHealth, Elevance, Cigna, and Humana all reported better-than-anticipated results, fueling investor optimism and prompting some to raise their 2026 outlooks. Analysts attribute this success to factors like a mild flu season, favorable weather, and increased medical reserves. However, investors and experts remain cautious, as first-quarter data is incomplete and the real test will come in the second quarter when fuller claims data is available. The second quarter will reveal if insurers can maintain their momentum or if higher costs will impact their performance. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e5dc6b648286488e