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

Meetings

2014 Annual HEDIS® and Star Ratings Symposium Nashville, TN November 3–4, 2014
PCMH & Shared Savings ACO Leadership Summit Nashville, TN November 3–4, 2014
Medicare Risk Adjustment, Revenue Management, & Star Ratings Fort Lauderdale, FL November 12–14, 2014
World Orphan Drug Congress Europe 2014 Brussels, Belgium November 12–14, 2014
Healthcare Chief Medical Officer Forum Alexandria, VA November 13–14, 2014
Home Care Leadership Summit Atlanta, GA November 17–18, 2014
6th Semi-Annual Diagnostic Coverage and Reimbursement Conference Boston December 4–5, 2014
Customer Analytics & Engagement in Health Insurance Chicago December 4–5, 2014
Pharmaceutical and Biotech Clinical Quality Assurance Conference Alexandria, VA December 4–5, 2014
9th Semi-Annual Medical Device Coverage and Reimbursement Conference San Diego December 5, 2014
8th Annual Medical Device Clinical Trials Conference Chicago December 8–9, 2014
HealthIMPACT Southeast Tampa, FL January 23, 2015