Mark Farrah Associates Assessed Second Quarter Health Insurance Segment Profitability
Mark Farrah Associates (MFA), www.markfarrah.com , compared second quarter, year-over-year profitability for the Individual, Employer-Group, Medicare and managed Medicaid segments.
- Mark Farrah Associates (MFA), www.markfarrah.com , compared second quarter, year-over-year profitability for the Individual, Employer-Group, Medicare and managed Medicaid segments.
- Financial insights were gleaned from aggregated 2Q22 and 2Q23 statutory financial data from MFA’s Health Coverage Portal™.
- For 2Q23, the average medical expense ratio for the Individual segment was 82.4%, as compared to 82.9% the previous year.
- 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™ .