Business Wire September 22, 2020
MCMURRAY, Pa.–Mark Farrah Associates (MFA), www.markfarrah.com, released an analysis brief providing insights into mid-year profitability for commercial and government lines of health insurance business. Just as Covid-19 generated serious implications on small businesses and the economy, the repercussions of the virus for U.S. health insurers became evident late in the first quarter. MFA compared year-over-year profitability for second quarter to assess the pandemic’s effect on financial and enrollment results. Financial insights were gleaned from aggregated 2Q19 and 2Q20 National Association of Insurance Commissioners (NAIC) statutory financial data from MFA’s Health Coverage Portal™.
...Mark Farrah Associates (MFA) compared year-over-year, second quarter per member per month (PMPM) health premiums and expenses for the Individual, Employer-Group, Medicare and Medicaid segments.
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