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November 30, 2008
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MHMR Nov. 30, 2008: Volume 16, Number 20
MCO fully-funded share falls…3Q08 BCBS HMO lives fall 3%...Bank HSA assets top $3 billion…Chart: MCO lives…Chart: Leading HSA banks…Chart: BCBS HMO lives…Chart: ’07 MO HMO financials…Cigna lowers ’08 profit forecast…Health Net taps Scheff…and more…
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MCO 3Q08 FULLY FUNDED SHARE FALLS
Combined fully funded and self-funded enrollment increased 4.8% to 124.549 million at 20 leading managed care organizations as of Sept. 30, 2008.
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3Q08 BCBS HMO/POS LIVES FALL 3.3%
Fully funded HMO and POS lives among 19 leading Blue Cross Blue Shield companies declined 3.3% to 24.612 million as of Sept. 30, 2008.
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BANK HSA ASSETS TOP $3 BILLION
Twenty-one leading banks had 2.2 million health savings accounts with an estimated $3.155 billion in total deposits as of Sept. 30, 2008, according to a tally by HMN.
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CIGNA LOWERS ’08 OPERATING EARNINGS OUTLOOK
Cigna Corp. (Philadelphia) announced it has lowered its full-year 2008 outlook for operating earnings to a range of $920 million to $950 million, reflecting higher-than-expected losses from run-off death benefit operations.
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