Healthcare DIVE November 22, 2023
Publicly traded health insurers’ financial results held steady in the third quarter, boosted by strong investment income and membership growth, according to the credit ratings agency.
Dive Brief:
- Publicly traded health insurers’ financial outlook remains stable despite financial pressures heading into the end of the year, according to a report by Moody’s Investors Service.
- Payers’ financial results — including those of Aetna, Centene, Cigna, Elevance, Humana, Molina and UnitedHealth — held steady in the third quarter, buoyed by strong net investment income even as utilization increased among Medicare Advantage seniors.
- Insurers’ earnings were also boosted by membership growth despite Medicaid redeterminations, including improved performance on the Affordable Care Act Exchanges and higher commercial enrollment.
Dive Insight:
Overall,...