Minnesota HMOs and health insurers returned to strong profitability in 2017, recovering from a year of large losses in 2016. Minnesota seniors are being offered a variety of new Medicare plans from old and new competitors.
These findings are reported in Part One of Minnesota Health Market Review 2018. This is the 29th edition of the report, in which the research analyzes key trends and competitive strategies for organizations in Minnesota's health care markets. Part Two of the Minnesota report will analyze the state's provider systems and their strategies, financial performance and inpatient utilization.
- Minnesota health plans, including HMOs, other insurers like Blue Cross Blue Shield, and County-Based Purchasing plans, posted profits of $296.1 million in 2017, or 1.7% of underwriting revenue.
- Health plan enrollment grew in 2017, but not in all lines of business.
- Enrollment in HMO and PPO individual plans dropped again in the first quarter of 2018.
- Seniors have several new Medicare health plan options for 2018, and more are planned for 2019.
- Another new Medicare plan is expected to be the new joint venture insurer, Allina-Aetna Health Insurance.
- Allina-Aetna Health Insurance
- Blue Cross Blue Shield
- Group Health
Key Topics Covered
2. Market Structure
3. Trend Review
4. A Look Ahead
2. Hospitals and Provider Systems
3. Twin Cities Area Hospitals and Systems
4. Outstate Systems and Hospitals
5. Health Plan Trends
6. A Look Ahead
For more information about this report visit https://www.researchandmarkets.com/research/shxpvk/minnesota_health?w=4