Oxford Reports Higher 2nd Quarter Net Income

NU Online News Service, Aug. 5, 2003, 1:55 p.m. EDT – Oxford Health Plans Inc., Trumbull, Conn., is reporting $72 million in net income for the second quarter on $1.4 billion in revenue, up from $53 million in net income on $1.2 billion in revenue for the second quarter of 2002.

The company ended the quarter providing or administering medical coverage for 1.6 million people, about as many people as it covered a year earlier.