Most Popular Stories
- Patients choose hospitals based on social media
- Automated screening boosts pediatric care
- Evidence that Meaningful Use dollars drive EHR adoption piles up
- 'Top 100 hospitals' ahead of peers in health IT
- Henry Ford raises quality, cuts costs
- Surgery center fined $100K for posting patient appointments online
- Emergency Department Practice Management Association Solutions Summit
May 20-23 — Boston Park Plaza Hotel & Towers, Boston, MA
- Healthcare Informatics Executive Summit 2012
- IHO's Queuing Theory in Healthcare Seminar
May 17-18 2012 — Boston, MA
- GSMA-mHealth Alliance Mobile Health Summit
29 May – 1 June 2012
FierceHealthPayer provides the latest news about the fast-changing and heavily regulated area of healthcare reimbursement. Join 16,000 healthcare plan executives who get FierceHealthPayer via twice weekly email. Sign up today!
Insurers profit from health reform
After dropping almost $90 million to oppose the health reform law, repeatedly claiming its provisions would raise costs and disrupt coverage, health insurers actually have benefited the most from the law, according to a Bloomberg Government report released Thursday.
The average operating profit margins for the five largest insurers--Wellpoint, UnitedHealth, Aetna, Humana and Cigna--expanded to 8.24 percent in the six quarters since reform, compared to 6.88 percent for the 18 months before the reform law passed, reports Bloomberg.
"The industry that was the loudest, most persistent critic of this law, the industry whose analysts and executives predicted it would suffer immensely because of the law, has thrived," said Peter Gosselin, study author and senior healthcare analyst for Bloomberg Government.
These prosperous times are largely a result of insurers expanding into government programs, whose share of big insurers' revenues jumped from 36 to 42 percent in the past three years, The Washington Post reports.
The insurers stand to reap even more benefits as they position themselves to gain from Medicaid's expansion in 2014, when it covers at least 16 million additional individuals and the federal government subsidizes private insurance policies for an additional 19 million individuals. In fact, insurers can bid on roughly $40 billion in state Medicaid contracts in the next two years, Bloomberg notes.
To learn more:
- read the Bloomberg article
- see the Washington Post article
AHIP donated $86M to lobby against health reform law
Insurance giants cut lobbying but still spend $2.7M
Aetna secretly funded opposition to health reform, protesters say
Insurers hope newly elected Republicans ease their burdens
Home | Subscribe | Advertise | Mobile Edition | RSS | Privacy | Site Map | Editors
THE FIERCEMARKETS NETWORKFierceEnergy | FierceSmartGrid | FierceFinance | FierceFinanceIT | FierceComplianceIT | FierceHealthcare | FierceHealthFinance | FierceHealthIT | Hospital Impact | FierceMobileHealthcare | FierceHealthPayer | FiercePracticeManagement | FierceEMR | FierceCIO | FierceCIO:TechWatch | FierceContentManagement | FierceMobileIT | FierceGovernmentIT | FierceGovernment | FierceHomelandSecurity | FierceBiotech | FierceBiotech Research | FiercePharma | FierceVaccines | FierceBiotechIT | FiercePharma Manufacturing | FierceMedicalDevices | FierceDrugDelivery | FierceCRO | FierceIPTV | FierceOnlineVideo | FierceTelecom | FierceEnterpriseCommunications | FierceBroadbandWireless | FierceDeveloper | FierceMobileContent | FierceWireless | FierceWireless:Europe | FierceCable
© 2012 FierceMarkets. All rights reserved.