Blues’ Earnings Releases Stress Member, Provider Support

Although health insurers typically try to emphasize the strength of their financial performance when issuing quarterly and annual earnings reports, the COVID-19 pandemic’s largely positive effect on managed care margins in 2020 has led some companies to downplay their earnings and instead emphasize how much money they’ve given back to members, health care providers and community organizations.

The trend has become a common thread in publicly traded insurers’ earnings reports and conference calls, but it was particularly visible in two recent press releases from Blue Cross Blue Shield insurers, which don’t have shareholders to appease.

0 Comments
© 2023 MMIT
Leslie Small

Leslie Small

Leslie has been reporting and editing in various journalism roles for nearly a decade. Most recently, she was the senior editor of FierceHealthPayer, an e-newsletter covering the health insurance industry. A graduate of Penn State University, she previously served in editing roles at newspapers in Pennsylvania, Virginia and Colorado.

Related Posts

injection-pen
November 22

Medicare Part D Coverage for Humira Biosimilars Has Inspector General’s Attention

READ MORE
businessman-viewing-news-update-journalism-headline-on-a-laptop
November 22

News Briefs: Nearly 4.6M People Have Enrolled in ACA Exchange Plans for 2024

READ MORE
wall-street
November 22

Elevated Outpatient Care, No Recession: 2023 Has Surprised Analysts

READ MORE

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today