Smaller claims raise profits for health plans

Star Tribune Saturday 14th April, 2012

Minnesotans continued to cut back on medical care last year and helped deliver the best bottom line for the state's health insurance companies since at least 2005. With enrollment growing slightly and lower-than-expected costs paid out on medical claims, the seven plans reported operating margins of 1.8 percent, or $355 million, on their commercial insurance business and public programs, according to the Minnesota Council of Health Plans. The co...

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