Profitability Increases for the Individual and Small Group Health Insurance Markets in 2018
posted by Mark Farrah & Associates
on July 29, 2019
Health plans across the country submitted their Supplemental Health Care Exhibits (SHCE) on April 1, 2019, as part of the 2018 National Association of Insurance Commissioners’ (NAIC) Annual Financial Statements. The SHCE contains financial performance metrics, membership, and Preliminary MLR at the state level. Subscribers to Mark Farrah Associates’ (MFAs) Health Coverage Portal or the SHCE & MLR Data have access to this important information. MFA examined some key findings from its latest analysis of the SHCE, including a focus on performance within Individual and Small Group comprehensive insurance segments. Plans in these two segments face the added constraint of a standard (minimum) MLR (Medical Loss Ratio).