Mark Farrah Associates September 27, 2017
Increased pressure amidst the influx of activity surrounding healthcare reform is creating both challenges and opportunities for health insurance companies. The ebb and flow of decline and growth continue to drive competition in this ever-changing industry. Health plans are consistently evaluating performance measures and how they fare against their competitors. Controlling costs while ensuring quality care for members remains common ground for all issuers.
This brief presents key findings from Mark Farrah Associates’ (MFAs) review of mid-year profitability for commercial and government lines of health insurance business. MFA compared second quarter, year-over-year profitability for the Individual, Employer Group, Medicare and managed Medicaid segments. Financial insights were gleaned from aggregated 2Q16 and 2Q17 National Association of Insurance Commissioners (NAIC) statutory financial...