12.10.2018

Almost All Health Insurers in Mass. Were Profitable in 2018

MHA’s Semi-Annual Year-End Health Plan Performance Report covering the period from January 2014 to June 2018 has been released and shows that 8 of 10 health insurance companies operating in Massachusetts were break-even or profitable in 2018. Both of the plans with negative profit margins were both greater than -1%. However, there was a net decrease of 90,000 enrollees in all plans.  MHA’s Semi-Annual Year-End Health Plan Performance Report presents an analysis of the financial position of health plans in Massachusetts by looking at a variety of measures, including: plan membership, premium rates, medical and administrative expense trends, profitability, liquidity, and solvency. It gives providers information about health plan market share, and it presents trends in premium rates to employer groups. The report is available to MHA members only on the My MHA page of mhalink.org under “Resources.”