For 2022, the average medical expense ratio for the Individual segment was 86.5%, as compared to 87.8% the previous year. For the Employer-Group Risk segment, growth in premium, which more than offset ...
The Individual and Small Group business segments were profitable for insurers in 2024 where both experienced higher MLRs between 2023 and 2024. The Individual segment experienced enrollment growth of ...
Determining the medical loss/expense ratio is a common industry measure used to assess health plan profitability. This ratio, health care costs/claims incurred divided by premiums earned, indicates ...
MCMURRAY, Pa.--(BUSINESS WIRE)--Mark Farrah Associates (MFA), www.markfarrah.com, released an analysis brief providing insights into the 2022 profitability for commercial and government lines of ...
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