HMOs had a strong first half of 2011, with net income soaring 40%, according to our tally of financial data for 193 health plans in 12 states. Net margin was 4.2%.
A turnaround in Massachusetts and big gains in California and Michigan accounted for most of the increase. Fully funded HMO membership for the 12 states declined 2%—continuing a trend of eroding enrollment.
Complete details are available in the latest issue of Health Plan Market Trends.
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