Health care providers that ventured into the health insurance business a couple of decades ago often found the marketplace a difficult one. In some cases, they paid a price when it came to their ratings by objective third-party agencies.
Now an A.M. Best report indicates these provider-owned plans are faring better today despite—or perhaps because of—marketplace changes brought about by health care reform.
The report's title, "Provider-Owned Plans Fare Well In Wake of the Patient Protection and Affordable Care Act," sums up the research well. A.M. Best discovered that many of these local and regional health plan operators are doing a good job by most measures.
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