Profits

Oregon Health Insurance Profits Soar

In the first quarter alone insurers earned record profit while covering fewer people
May 27, 2010 -- Oregon’s eight largest domiciled insurers covered less people and made more profit in the first quarter of this year then in any quarter in more than two years. Read More >>

Regence Executive Salaries in Washington Take a Tumble

Premera Blue Cross executives were the highest paid; their CEO took home $2.2 million in 2009
April 15, 2010 – Compared to their Washington counterparts, Regence officials must be shaking in their boots. Read More >>

EDITORIAL: The Fight Continues

We agree that the bill is a good first step but falls short on controlling costs
March 25, 2010 -- When The Lund Report began almost a full year ago in April 2009, the national healthcare debate had just started to boil over. Throughout the summer and into the fall we covered angry town hall meetings, street protests and arrests. Read More >>

State, National Lawmakers Scrutinize Hospital Costs

State Rep. Mitch Greenlick calls for a global budget for Oregon hospitals, while U.S. Sen. Chuck Grassley strengthens the IRS rules
March 25, 2010 -- Despite an influx of new dollars flowing into Medicare because of Congressman Peter DeFazio’s leadership, hospital costs are coming under the radar screen like never before at the state and national level. Read More >>

Hospital Profits Slumped, Charges Held Steady

Oregon hospitals felt a financial slump last year but patients wouldn't know it to judge by their bills
December 17, 2009 -- An investigation by The Lund Report shows that even though Oregon's 57 hospitals earned more than 50 percent less profit last year, they still collected more than 8 percent greater revenue than the year before, which meant everyone -- including insurers -- paid more for their services. Read More >>

Aetna to Increase Profits by Dropping Members

Through premium increases, Aetna realizes it will lose 600,000 members, but that's okay
December 16, 2009 -- Back when it was the largest private health plan in the country, Aetna downsized its membership by millions but boosted profits during an overhaul of its business several years ago. Read More >>

How Private Insurers Stand to Prosper Even More

We still end up with a system that's based on private insurers that have no incentive whatsoever to control costs
December 14, 2009 -- The public option is dead, killed by a handful of senators from small states who are mostly bought off by Big Insurance and Big Pharma or intimidated by these industries' deep pockets and power to run political ads against them. Read More >>

Investments Buoy Oregon Health Insurer Profits

Will gains transfer to lower premiums? Not yet anyway
December 10, 2009 -- Oregon insurers continued reaping the rewards of a positive stock market through much of this year, based on the latest available financial statements filed with the state. Read More >>

Regulators Offer Little Backstop for Premium Hikes

High paid executives and skyrocketing premiums from coast to coast
November 19, 2009 -- New information from a Senate investigation reveals CIGNA, one of the country's largest health insurers, failed to account for $5 billion in premium revenue reported to state regulators. Read More >>

Controlling Costs Rests on Hospitals

Oregon hospitals made more than $325 million in profit last year, down from 2007
November 4, 2009 -- With health reform dominating the headlines, everyone’s poised on keeping costs under control. Dr. Chuck Kilo, CEO of Greenfield Health, knows one of the major culprits -- non-profit hospitals in Oregon. They’re making significant amounts of money, and are extremely profitable. Read More >>
Syndicate content
© Copyright 2009 by The Lund Report | Privacy Policy Web development by: Herman Consulting | Designed by: SRM Architecture and Marketing, Inc.