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Michigan Health Market Review 2013 Reports Product Image

Michigan Health Market Review 2013 Reports

  • Published: July 2013
  • Region: United States
  • Allan Baumgarten

Health Insurers Repeat Strong Profitability; Face Uncertainty as Well as Good Prospects for Growth

(Detroit/Ann Arbor) HMOs in Michigan again reported strong profits for 2012, but face declining margins on their Medicaid business and uncertainty in prospects for future growth.

These findings and others are reported in Part One of Allan Baumgarten's Michigan Health Market Review 2013. This is the 17th year that Baumgarten has analyzed health care payer and provider markets in Michigan. He is an independent researcher and consultant based in Minnesota. A Part Two report, to be released later this year, will analyze system building by providers, hospital revenues, profitability and utilization using 2012 data, and update enrollment and financial measures for health insurers. Baumgarten also publishes market analyses in Colorado, Florida, Illinois, Minnesota, Ohio, Texas and Wisconsin, and is co-author of an insurance market analysis for New York.

Looking at profitability, other financial metrics and enrollment trends for Michigan's health insurance companies, Baumgarten found:

- For the second consecutive year, Michigan HMOs posted net income above $300 million. READ MORE >

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