Oliver Wyman July 19, 2024
Actuarial insight from medical loss to capitalization trends
Earlier this year, we released the Q1 2024 and Q4 2023 financials, highlighting the financial performance and earnings of major public insurance companies. This edition includes a comprehensive report on the reported statutory financial experience for health insurers for the full year 2023, medical loss ratio (MLR) rebate trends, Q1 2024 public companies’ financial statements, and a summary of recent health plan mergers and acquisitions (M&A) activity and valuation trends. Explore the key highlights below and download our newsletter for more details.
2023 statutory financials show changes across individual, group, Medicare, and Medicaid markets
Overall, pre-tax margins decreased 0.6% in 2023 to 1.7% across all lines of business. Loss ratios declined in...