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A.M. Best Co.
A.M. Best Special Report: Good Year Overall in 2007; but Income Is Pressured in 2008
May 30th, 2008
Across the board, GAAP results for health insurers were good in 2007, with many companies seeing a larger portion of their revenues coming from government programs. But some companies have already lowered their earnings guidance for 2008 as a result of lower interest rates and high claims experience from the winter's flu season. While earnings are expected to remain positive and overall margins should remain good, the level of overall income has started to come under pressure. Companies competing with the non-profit Blue Cross Blue Shield companies could face pricing pressures as the Blues plans continue to revert to driving net income from investment results rather...
Source: Health Business Week (2008-05-30)
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