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Life Health > Health Insurance

HMO Profits Rise 52%

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NU Online News Service, May 3, 2004, 3:38 p.m. EDT – Higher rates helped U.S. health maintenance organizations earn $6.7 billion in profits during the first 3 quarters of 2003, up 52% from the total for the comparable period in 2002.[@@]

Weiss Ratings Inc., Jupiter, Fla., gives those figures in its latest HMO profit report.

Although most of the 487 HMOs included in the report did well, 22% posted losses, Weiss says.


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