Health Insurance Segment Mid-Year 2019 Profitability
posted by Mark Farrah & Associates
on September 18, 2019
Increased health care demands and expenditures continue to cause challenges for health
insurance companies. Notwithstanding, the U.S. health insurance industry remains profitable and competitive amidst pressure from a politically volatile backdrop. While healthcare reform has caused increased challenges, it has also provided opportunity for health plans to continue to focus on shaping the future of healthcare. In this brief, Mark Farrah Associates (MFA) compared second quarter, year-over-year profitability for the Individual, Employer-Group, Medicare Advantage and managed Medicaid health insurance segments. Financial insights were gleaned from aggregated 2Q18 and 2Q19 National Association of Insurance Commissioners (NAIC) statutory financial data from MFA’s Health Coverage Portal™.