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Mark Farrah Associates Assessed Third Quarter 2019 Profit Margins for Blue Cross Blue Shield Plans

January 29, 2020 GMT

MCMURRAY, Pa.--(BUSINESS WIRE)--Jan 29, 2020--

Mark Farrah Associates (MFA), www.markfarrah.com, analyzed profit margins of Blue Cross Blue Shield (BCBS) plans, comparing year-over-year performance for third quarter 2019. The Blues brand controls approximately 48% of total U.S. commercial health enrollment, nationwide. Among the top seven BCBS affiliated insurers with over $10 million in revenue, Anthem, Blue Shield of CA and Guidewell reported improved profit margins for 3Q19. The overall profitability for the remaining industry leaders experienced a year-over-year decrease based upon available statutory reporting as of September 30, 2019.

To read the FREE full text of Third Quarter 2019 Profit Margins for Leading Blue Cross Blue Shield Plans,” visit the Analysis Briefs library on Mark Farrah Associates’ website.

About Mark Farrah Associates (MFA)

MFA is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Committed to simplifying analysis of health insurance business, our products include Medicare Business Online™, Medicare Benefits Analyzer™, Health Coverage Portal™, County Health Coverage™, and Health Plans USA™. Mark Farrah Associates maintains financial data as well as enrollment and market share for the health insurance industry in its subscription-based Health Coverage Portal™. MFA will continue to monitor enrollment changes and competitive shifts across all healthcare segments.

Subscribers to MFA’s Health Coverage Portal™ easily access membership and financials for health plans industrywide with the benefit of filtering data for “Blues” plans only.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200129005004/en/

CONTACT: Mark Farrah Associates

Ann Marie Wolfe,amwolfe@markfarrah.com

KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA

INDUSTRY KEYWORD: INSURANCE HOSPITALS FINANCE BANKING PROFESSIONAL SERVICES OTHER HEALTH MANAGED CARE GENERAL HEALTH HEALTH OTHER PROFESSIONAL SERVICES

SOURCE: Mark Farrah Associates

Copyright Business Wire 2020.

PUB: 01/29/2020 10:11 AM/DISC: 01/29/2020 10:11 AM

http://www.businesswire.com/news/home/20200129005004/en