Medical Costs Payable (Notes)

6 Months Ended

Jun. 30, 2025

Short-Duration Insurance and Deposit Contracts

Medical Costs Payable

The following table shows the components of the change in medical costs payable for the six months ended June 30:


(in millions)	2025		2024
Medical costs payable, beginning of period	$	34,224	$	32,395
Acquisitions (dispositions), net	—		(687)
Reported medical costs:
Current year	152,316		131,583
Prior years	(320)		(390)
Total reported medical costs	151,996		131,193
Medical payments:
Payments for current year	(118,793)		(102,288)
Payments for prior years	(28,998)		(27,887)
Total medical payments	(147,791)		(130,175)
Less: increase in medical costs payable included within businesses held for sale	(2)		(179)
Medical costs payable, end of period	$	38,427	$	32,547

For the six months ended June 30, 2025 and 2024, prior years’ medical cost reserve development included no individual factors that were significant. Medical costs payable included reserves for claims incurred by consumers but not yet reported to the Company of $26.8 billion and $23.7 billion at June 30, 2025 and December 31, 2024, respectively.