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Clover Health sees 2023 insurance revenue $1.15B-$1.2B
The Fly

Clover Health sees 2023 insurance revenue $1.15B-$1.2B

For full-year 2023, Clover Health issues its partial guidance as follows: Insurance Segment: Insurance revenues are expected to be in the range of $1.15 billion to $1.20 billion in 2023, as compared to our most recently issued 2022 guidance range of $1.0 billion to $1.1 billion. Insurance MCR is expected to be in the range of 89% – 91% in 2023. Non-Insurance Segment: Non-Insurance revenues are expected to be in the range of $0.75 billion to $0.80 billion in 2023. Non-Insurance MCR is expected to be in the range of 98% – 100% in 2023.

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