KENNEBUNK, Maine--(BUSINESS WIRE)-- Enrollment declines continued for most of the nation’s leading health insurers through 2009. Between December 2008 and December 2009 top plans saw an aggregate decline of 2.2 million members. Losses continue to be experienced in both the fully-insured and administrative services only (ASO) segments. The difficult economy continues to take a toll in terms of rising medical expenses and declining membership for most plans.
Mark Farrah Associates (MFA), a leading provider of market data and intelligence solutions, found total membership for the eight leading companies decreased by over 2.2 million members in 2009. ASO enrollment decreased -0.9% and risk enrollment declined -2.5% for these plans between December 2008 and December 2009.
WellPoint and UnitedHealth, the two largest health insurers in the United States, saw medical enrollment declines of 1.329 million and 900,000 respectively, between 4Q08 and 4Q09. Aetna, the third largest in the country, added 1.213 million total medical members during the same period, however all of the gain occurred during the first quarter last year. Aetna saw a 113,000 member loss between 3Q09 and 4Q09. Combined, the eight leading companies reported a loss of 586,000 members, between 3Q09 and 4Q09.
In the latest Healthcare Business Strategy report, MFA reviewed enrollment and financial trends among eight top health insurers: Aetna, CIGNA, Health Care Service Corporation (HCSC), Health Net, Humana, Kaiser Permanente, UnitedHealth Group and WellPoint. It looks at year-to-date results from 2009 annual financial statements. These eight health insurers cover approximately 42% of the total population in the nation. Financial and membership data and observations were gleaned from the April 2010 Health Insurer Insights™ series.
To read the full text of “Enrollment Declines Impact Top Health Plans in 2009,” visit the Healthcare Business Strategy library on Mark Farrah Associates’ website www.markfarrah.com.
About Mark Farrah Associates (MFA)
MFA is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Committed to simplifying analysis of health insurance business, our products include Medicare Business Online™, the new Medicare Benefits Analyzer™, Health Coverage Portal™, Health Insurer Insights™ and Health Plans USA™.
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