Financial results represent an improvement over 2024 results

CANTON, MA (Mar. 2, 2026) – Point32Health today reported an adjusted net loss of $141 million for the 12 months ended Dec. 31, 2025. Adjusted net income/loss includes an operating loss of $301 million and investment income of $167 million, excluding market-to-market investment gains and losses on equity securities, with revenues of $9.8 billion on membership of 2 million. These results reflect an improvement over 2024 financial results. 

“While we anticipate these pressures to continue, we have implemented disciplined programs to better manage medical and pharmacy costs, as well as programs to drive administrative expense efficiency,” said Michael Marrone, chief financial officer of Point32Health. “As a result, we are seeing improvement and positive momentum. We will continue to use every lever at our disposal to drive affordability and increase access to care for our members, customers and the communities we serve.”

In 2025, Point32Health implemented several initiatives to directly address the many challenges facing the health care industry. To help mitigate the unprecedented increases in medical and pharmacy costs, the organization implemented programs and benefit changes including a reduction in GLP-1 coverage for weight loss. To address the organization’s administrative costs, Point32Health implemented workforce reductions as well as other initiatives which reduced the organization’s administrative costs, the one lever directly within its control. However, Point32Health recognizes that health care affordability remains a challenge for its members, employers and customers. To address this continuing challenge, Point32Health will continue to develop solutions in collaboration with its provider and supplier partners to address these trends while continuing to become efficient to bring more value to members and customers.