I found the attached chart, sent via Managed Care OnLine’s “Daily Factoid,” interesting. Why? Because these top Florida HMOs are already well ahead of compliance standards with the Senate’s proposed limit of 15% administrative costs for health plans (or close to to achieving them, depending on how the accounting standards are finally written).
Take a look:
- Florida HMOs Medical Loss Ratio and Administrative Costs as a Percent of Premium Revenue,
- 1st Quarter 2004 – 1st Quarter 2009
| Medical Loss Ratio | Administrative Costs as a % of Premium Revenue | |
| 1st Qtr 2004 | 82.0% | 10.9% |
| 1st Qtr 2005 | 81.1% | 11.3% |
| 1st Qtr 2006 | 82.6% | 11.7% |
| 1st Qtr 2007 | 82.2% | 9.9% |
| 1st Qtr 2008 | 83.5% | 10.2% |
| 1st Qtr 2009 | 84.5% | 10.0% |
Source: Florida Hospital Association (FHA) Eye on the Market: HMO Indicators Report, 1Q04-1Q09
The Sentinel Effect 
January 5, 2010 at 1:17 am
[…] to divisions and regions of the country that are already ahead of the Senate’s target (like these Florida HMOs). An even simpler approach would be to simply pay more in medical costs than they are paying […]
January 5, 2010 at 1:49 am
[…] to divisions and regions of the country that are already ahead of the Senate’s target (like these Florida HMOs). An even simpler approach would be to simply pay more in medical costs than they are paying […]
January 7, 2010 at 11:02 pm
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August 16, 2012 at 4:46 pm
I was curious if you ever thought of changing the page layout of your site?
Its very well written; I love what youve got to say.
But maybe you could a little more in the way of content so people could connect with it better.
Youve got an awful lot of text for only having one
or 2 pictures. Maybe you could space it out better?