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July 12, 2022 Health plans across
the country submitted their Supplemental Health Care Exhibits (SHCE) on April
1, 2022, as part of the 2021 National Association of Insurance Commissioners’
(NAIC) annual financial statements. The SHCE contains financial performance
metrics, membership, and preliminary MLRs (Affordable Care Act’s (ACA’s)
Medical Loss Ratios) at the state level. Subscribers to Mark Farrah
Associates’ (MFAs) Health Coverage PortalTM or the SHCE & MLR Data have access to this important
information. MFA examined some key findings from its latest analysis of the
SHCE, including a focus on performance within Individual and Small Group
comprehensive insurance segments. Plans in these two segments face the added
constraint of a standard (minimum) MLR. |
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Tuesday, July 12, 2022
An Analysis of Profitability for the Individual and Small Group Health Insurance Markets in 2021
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