Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Health Insurance

Survey: Administration Eats 12% Of Commercial Health Premiums

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Aug. 22, 2003, 1:13 p.m. EDT – Publicly traded U.S. health insurers spend about 12% of their premium revenue for insured commercial health plans on administration, according to the Sherlock Company, Gwynedd, Pa.

Administration charges average $21.92 per insured commercial member per month, the company estimates.

Administrative expenses amount to 7.16% of premium revenue for Medicare managed care plans and 12.21% for insured indemnity and preferred provider plans, Sherlock adds.

The results come from a report the company has prepared on health insurance company administrative expenses.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.