CVS will post a 90.5% to 92% Q3 MBR

CVS will report a third-quarter medical benefit ratio between 90.5% and 92% on November 4, 2026. That reading would sit above the company’s full-year 89.8% plus or minus 25 basis points expectation and mark a clear jump from Q2’s 87.4% MBR. The Health Care Benefits segment, which posted revenues ex…