Some highlights include:
-
Prior to the Covid-19 pandemic, profit margins for Total Blues plans decreased from 6.4% to 5.9%, based on cumulative results up to
September 30, 2018 and 2019, respectively. -
With more than 50% of its enrollment through Medicaid plans in eight states,
Independence Blue Cross delivered consistent margins over the four-year period. -
Mainly due to taking into account the net impact on premiums of payments recovered from the risk corridor, HCSC experienced the most dramatic changes in its profit margins from 3Q18 to 3Q21.
To read the FREE full text of “Profit Margin Changes for Major Blue Cross Blue Shield Plans“, visit the Analysis Notes Library at
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