Healthcare DIVE February 12, 2020
As the country’s major health insurers finished reporting their financial results from the fourth quarter of 2019 this week, a few themes emerged. Every major payer reported an uptick in their medical cost ratios and many boasted of increased enrollment.
The ratio is an important measure that compares the amount an insurer brings in from premiums to the amount it spends on members’ care. Payers have noted that the suspension of the health insurer fee in 2019 negatively affected medical cost ratios, as they typically passed on the fee in the form of higher premiums.
However, Centene, Cigna and Molina also said their individual business segment contributed to a higher ratio.
Centene, which commands the largest market share of ACA...
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