Elevance Health is kicking off another round of quarterly earnings results for major insurers, posting $1.5 billion in profit for Q2. | Elevance Health is kicking off another round of quarterly earnings results for major insurers, posting $1.5 billion in profit for Q2.

This week’s Elevance Health and UnitedHealth Group quarterly earnings are much anticipated for signs health insurers are keeping a handle on rising costs.

Elevance Health reported second quarter net income of $1.45 billion as medical costs fell in some health plans, triggering an improved outlook for the rest of the year.