Press release A more recent version of this report is available at epi. What this report finds: Income inequality has risen in every state since the s and in many states is up in the post—Great Recession era. In 24 states, the top 1 percent captured at least half of all income growth between andand in 15 of those states, the top 1 percent captured all income growth.
Michigan Health Market Review Finds: Baumgarten, a Minneapolis-based analyst, also publishes health market reports in seven other states. While it still lost money on its commercial plans, it was very profitable on its Medicare Advantage and Medicare Supplement plans.
Still Molina Healthcare posted a 3. After increasing by 4. HMO Medicare plans added 36, new members, and Individual enrollment grew toat the beginning ofbut declined during the year to , most of them in HMOs. Premium increases for individual plans for averaged While some plans have exited that market, some others have expanded their service regions, including Meridian Health and McLaren Health.
Michigan HMOs added 54, lives in the first nine months ofgaining in key lines of business: These findings and a detailed analysis of the competitive strategies of hospitals and health systems in the state are found in Part Two of Michigan Health Market Reviewreleased today.
The new report analyzes data on hospital finances and inpatient utilization for all general acute care hospitals in the Detroit area and 64 hospitals in other parts of the state. It also presents updated enrollment growth and profitability data for Michigan health plans through September Key findings in the new report: Two large systems reported much improved net income.
Based on data for 64 hospitals outside the Detroit area, they increased their combined net income by The systems with the best margins were: Inpatient days peaked at about 2. The number of inpatient days covered by Medicaid increased in andas Michigan and more thanresidents now have Medicaid coverage through the Healthy Michigan program.
Medicare Advantage plans added 28, seniors, while individual plans added 28, new enrollees and Medicaid plans grew by 23, The report will be the 22nd annual edition of our Michigan market analysis, which we first published in Baumgarten will also publish market reports in for Minnesota, Colorado, Florida, Ohio and Wisconsin.
Key findings in this new report include: Enrollment in the Healthy Michigan expansion of Medicaid has grown toMedicaid has been the largest line of business for Michigan HMOs since Their average margin decreased from 3.
Average medical expenses increased more than twice as fast 4. Sincethe Michigan market for individual plans has been relatively stable, with a good number of competitors and relatively modest annual premium increases.
Proposed premium increases for are much higher, because of losses and because of uncertainty over government subsidies. Its losses on individual and group business were higher, but its results on its Medicare Advantage plans were much improved.
Excerpts from the report, including the useful "Michigan HMOs at a Glance" page can be viewed at www.Nov 25, · These are Business Report’s Forty Under 40 honorees—the most influential young professionals in the Capital Region.
The honorees are a diverse group: Some are entrepreneurs; others. Oct 25, · 40 Under 40 news from the Dayton Business Journal, Dayton’s Forty Under 40 Winners react to being selected. Report: The U.S. airlines most often guilty of mishandling baggage. Long-term support services to help victims and survivors of child sexual exploitation.
More support services for victims and survivors of child sexual exploitation are being commissioned over the next three years, as part of longer-term plans which have been agreed by Rotherham Council.
Building a Strategy for Success Louisville engineering co-workers win ’40 Under 40′ honors October 12, Subscribe and receive breaking Kentucky business news and updates daily. Building a Strategy for Success Louisville engineering co-workers win ’40 Under 40′ honors October 12, Subscribe and receive breaking Kentucky business news and updates daily.
Recent media and other activities by Christian Whiton.