Managed Care

 

How quest for market share has hurt plans' profits

MANAGED CARE December 1999. © MediMedia USA
Managed Care Outlook

How quest for market share has hurt plans' profits

MANAGED CARE December 1999. ©1999 MediMedia USA





















It's been theorized that the profitability squeeze that health plans endured after the boom years of the mid-1990s was self-inflicted; HMOs lusting after market share kept premiums artificially low without regard to the cost of providing care. Now, new statistics compiled by InterStudy Publications bear this out. The convergence of premium revenue with medical expenses had left the average health plan only 8 percent of revenue for administration by 1996. Since then, higher premiums have created only a little more breathing room.

SOURCE: HMO INDUSTRY REPORT 9.2, INTERSTUDY PUBLICATIONS, MINNEAPOLIS, 1999

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Private Health Insurance Exchanges Conference Washington, D.C. October 7–8, 2014
National Healthcare Facility Management Summit Palm Beach, FL October 16–17, 2014
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Innovative Member Engagement Operations For Health Plans Las Vegas, NV October 20–21, 2014
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2014 Annual HEDIS® and Star Ratings Symposium Nashville, TN November 3–4, 2014
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World Orphan Drug Congress Europe 2014 Brussels, Belgium November 12–14, 2014
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Home Care Leadership Summit Atlanta, GA November 17–18, 2014