Excellus BlueCross BlueShield ended 2025 with a 1.4% operating loss totaling $108 million, as medical and drug claims climbed 16% year over year to nearly $7 billion. The insurer said March 5 the results are its largest annual claims increase…
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BCBS Vermont posted a net income of $63.3 million in 2025, along with an underwriting gain of $47.3 million, the insurer confirmed to Becker’s. The insurer reported a $53 million operating gain and a 2.7% operating margin for 2025, according…
Blue Cross Blue Shield of Michigan reported a net loss of $246 million on enterprise revenue of $43.3 billion in 2025, up from its $1.02 billion loss on $40.6 billion in revenue in 2024. For 2025, the company posted an…
Blue Cross and Blue Shield of Massachusetts reported a net loss of $222.8 million and a -2.2% profit margin in 2025, citing unprecedented medical and pharmacy spending. The company’s annual revenue was $10.3 billion. It posted an operating loss of…
UnitedHealth Group Board Chairman and CEO Stephen Hemsley privately invested in healthcare companies that work with UnitedHealth or have competing offerings, The Wall Street Journal reported Feb. 16. Mr. Hemsley’s investment firm, Cloverfields Capital Group LP, has made both public…
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After factoring in $64.7 million in restructuring costs, Philadelphia-based Thomas Jefferson University, owner of Jefferson Health, recorded an operating loss of $201 million (-2.3% operating margin) in the first half of fiscal 2026, up from an operating loss of $55.3…
The nation’s insurers have filed their fourth-quarter earnings reports, showing which recorded the largest net income in 2025.
Most of the country’s largest insurers reported year-over-year increases in medical cost ratios in 2025. Centene reported the highest medical loss ratio at 91.9%, driven by higher marketplace medical costs, Medicaid cost pressures in behavioral health and home health, and…
Humana lost $796 million in the fourth quarter of 2025, according to the company’s year-end earnings report published Feb. 11. The results reflect a higher medical loss ratio driven by a shift in business mix and the impact of the…
CVS Health reported less than $1.8 billion profit in 2025, down 61.8% year over year, according to a Feb. 10 earnings release. Fourth-quarter net income attributable to CVS Health was $2.9 billion, up about 80% from the same period the…