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Profitability in the Health Care Market Has Never Been Better
Bob Laszewski's Health Care Policy and Marketplace Review Link to more items from this source
Feb. 6, 2020

"Continued consolidation by health insurers and hospitals systems combined with coverage expansion has improved profits for both. Profits for Florida HMOs increased by 12% in 2018, and South Florida hospitals reported average profit margins of 8%, their highest in recent years.... The health insurance market has grown significantly more concentrated in the last three years as companies like Anthem and Blue Cross Blue Shield have acquired a number of HMOs. In 2018, the four largest HMO companies -- the five Blue Cross Blue Shield HMOs, Humana, UnitedHealthcare's HMOs and WellCare -- had 64.2% of the market, compared to 51.5% two years earlier."

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