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April 15, 2006
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MHMR April 15, 2006; Volume 14, Number 7
’05 BCBS lives rise 5%...’05 HMO/POS lives fall 1%...Changes affect ’07 MA rates...Chart: 4Q05 BCBS lives...Chart: 4Q05 HMO/POS lives...Rowe exercises options...NC HMO profits fall in 2005...Chart: NC HMO financials...OK HMO profits drop 12%...Chart: OK HMO financials...HMO stocks rise 2%...Services stocks rise 3%...and more...
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‘05 HMO/POS LIVES DECLINE 0.6%
Fully funded HMO and POS enrollment among 22 leading managed care organizations declined 0.6% to 59.306 million as of Dec. 31, 2005, compared to the same period a year earlier.
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ROWE EXERCISES $27 MILLION IN OPTIONS
John Rowe, M.D., chairman of Aetna Inc. (Harford, CT), exercised 900,000 stock options in 2005 with a realized value of $27.367 million, according to the company’s Proxy Statement filed with the Securities & Exchange Commission.
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NC HMO PROFITS DROP 11.2% IN 2005
HMOs in North Carolina reported net income of $101.6 million in 2004, down 11.2%, on revenues of $2.064 billion, down 2.3%, according to an MHMR tally of state insurance department data.
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