12.09.2019

Semi-Annual Health Report: The Plans are Making Money

MHA’s Semi-Annual Health Plan Performance Report is being sent to the association’s members this week. The report, which covers the period between January 2015 and June 2019, 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, and profitability, liquidity, and solvency statistics. It gives providers information about health plan market share, and it presents trends in premium rates to employer groups. The report includes figures important to evaluate a plan’s financial condition: net worth, net income, total premium revenues collected, and medical expenses. The most recent report shows that most of the plans had healthy profit margins in the first half of the year.