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Portfolio > Economy & Markets > Fixed Income

Oxford Reports Higher 2nd Quarter Net Income

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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.

The company averaged $914 in premium revenue per insured commercial plan member, up 13% from the average for the comparable quarter in 2002.


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