Investment advisory firm Auxier Asset Management noted in its Q2 2026 investor letter that UnitedHealth Group (UNH), a U.S. health benefits company, is a leader in AI application within the insurance industry. UNH has saved tens of thousands of hours in administrative functions through AI, achieving $2 in value for every $1 invested in AI. Additionally, Cigna Group anticipates saving $200 million in healthcare costs over the next three years through AI predictive models, while other insurance companies such as Elevance, Humana, and CVS are also utilizing AI tools to reduce healthcare costs.