Printer Friendly

Mark Farrah Associates: Analyzing Market Trends and Competition in Health Insurance.

KENNEBUNK, Maine -- Mark Farrah Associates (MFA), a leading provider of market data and intelligence solutions, continues to refine database products and analytics to support analysis of health insurance business. "Our ongoing product enhancements underscore our commitment to be responsive to the needs of health insurance companies as the industry navigates health reform," said LuAnne Farrah, President and CEO of MFA.

The latest enrollment and financial trends presented in the Health Coverage Portal (TM) reveal leaders and laggards in the competitive health insurance industry. Year-end 2011 financials provide insights about competitor bottom lines and medical loss ratios for companies across all lines of health insurance. It's interesting to note, on an aggregate basis, combined performance in the emerging Individual, Non-group segment resulted in a 2011 net loss of $278 million. Meanwhile, enrollment in Individual Comprehensive Medical plans increased 19% in the last 3 years with plans reporting more than 10 million covered lives. Company performance results from 1st quarter 2012 will be available in June.

In addition to statutory financial statement data, MFA updated enrollment estimates in the recently launched County Health Coverage (TM) product. This product integrates health plan service area observations, provider network data and other relevant indicators with state-reported enrollment to provide accurate estimates of local market share by company. Segment breakdowns by product type for analyzing HMO versus PPO product mix will be online soon.

The April 2012 Health Insurer Insights (TM) release included new company profiles for Amerigroup and Highmark. This report series profiles top U.S. health insurers. Current reports present 2011 performance overviews as well as insights about corporate strategies and product focus.

MFA's Medicare Business Online (TM) and Medicare Benefits Analyzer (TM) remain the industry's leading analysis tools for tracking managed Medicare competition.

To learn more contact Mark Farrah Associates at 207-985-8484 or visit

About Mark Farrah Associates (MFA)

MFA is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Committed to simplifying analysis of health insurance business, our products include Health Coverage Portal[TM], Health Insurer Insights[TM], Medicare Business Online[TM], Medicare Benefits Analyzer[TM], Health Plans USA[TM] and the new County Health Coverage[TM].
COPYRIGHT 2012 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2012 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1U1ME
Date:Apr 30, 2012
Previous Article:Latest CEA 'Consumer Outlook on Tablets Report' Indicates Increase in Planned Tablet Purchases.
Next Article:Google to Present at the Bank of America Merrill Lynch Technology Conference.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters