Massachusetts insurers experienced shaky 2014

Three main insurers reported heavy operational losses

It was a tough 2014 for three of Massachusetts' largest insurers. Blue Cross Blue Shield of Massachusetts posted a loss of $118 million, with $17 million of that sum attributed to operating loss, according to Healthcare Payer News. Harvard Health Pilgrim reported an operating loss of $18 million, while Fallon Community Health Plan experienced an operating loss of $11.5 million. One gleaming ray of light was Tufts Health Plan: The the top-ranked plan in the country according to the National Committee for Quality Assurance closed the year with 1 million new members, $1.1 billion in total net worth and zero debt. Article