Forbes February 5, 2020
Health care industry profits have never been better while those in the Obamacare individual health insurance market suffer with extraordinarily high premiums.
For many years I have followed Allan Baumgarten’s detailed health care market reports.
His latest covers the state of Florida and provides what I am sure is a representative sample of what is happening across the country.
A few excerpts:
- Continued consolidation by health insurers and hospitals systems combined with coverage expansion has improved profits for both. Profits for Florida HMOs increased by 12% in 2018, and South Florida hospitals reported average profit margins of 8%, their highest in recent years.
- South Florida hospitals recorded combined profits of $1.279 billion in 2018 and have posted combined profits...
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