Mark Farrah Associates April 6, 2023
MCMURRAY, Pa.–(BUSINESS WIRE)–Mark Farrah Associates (MFA), www.markfarrah.com, previously noted health insurance enrollment shifting from commercial risk to government business. In a newly released Business Strategy report, using data gleaned from MFA’s 5500 Employer Health Plus and other products, it highlights two carriers, Fallon Health Group and Humana. Both entities have announced plans to transition away from Commercial business to focus more on Government business lines.
“Trends in Health Insurer Market Shifts from Commercial Risk to Government Business”
In March of 2021, Fallon Health Group was one of the first carriers to announce a shift to predominately focus on government programs.
- Fallon’s commercial risk enrollment in Massachusetts consistently decreased over the period, dropping over 42,000 members...