Medicare Advantage, Premium Revenues Drive Q1 Payer Profits
June 4, 2018Healthcare payers experienced strong first quarter profits in 2018 because of sharp growth in Medicare Advantage (MA) enrollment and premium revenues. The reports confirm the stability and profitability of the Medicare Advantage market, which has developed into a $187 billion segment. Payers also noted strong returns on premiums, citing increased rates and efficient healthcare spending as primary drivers. UnitedHealth Group served 330,000 more Medicare Advantage beneficiaries through individual and group retiree plans, an increase of 10.6 percent over 2017.
Source: https://healthpayerintelligence.com/news/medicare-advantage-premium-revenues-drive-q1-payer-profits