top of page

The Blues Hold Over One-Third of Health Insurance Market

As of September 30, 2023, Blue Cross Blue Shield membership held 37 percent of the U.S. health insurance (Individual plus Employer-based, for all funding types, Medicaid & Medicare) market, or 119.7 million members. According to analysis by Mark Farrah Associates, this has not led necessarily to an increase in profit margins for the group. For all Blues plans, profit margins decreased from 6.1 percent in the third quarter of 2020 to 3.9 percent in the third quarter 2021 and continued to fall in 2022 to 3.0 percent. However, they have seen a bit of a rebound in the third quarter of 2023 to 3.5 percent. Click here for the report.

5 views0 comments

Recent Posts

See All

CMS Launches Value-Based Care Spotlight Website

During Health Care Value Week last week, CMS introduced the Value-Based Care Spotlight, a website dedicated to promoting understanding and awareness of value-based care (VBC). The platform features re

UHC ‘Self-dealing’

More than just interesting: Untied Health Care 's 'self-dealing' is detailed in a new investigative article. Self-dealing is defined as business it does with itself.  Click here for the details.

HCSC Acquiring Cigna’s Medicare Units

HCSC will acquire Cigna's Medicare units, including Medicare Advantage, Medicare supplement and Medicare drug plans for $3.3 billion. Cigna's size in the MA business is rather small at about 600,000 b


bottom of page