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Insurers closed out 2024 on shaky footing

Health insurers ended 2024 with decreased profits and projections for rising medical costs in 2025. Insurance companies experienced an increase in spending, particularly on Medicare and Medicaid, suggesting that Americans are in poorer health. Major insurers’ medical loss ratios increased, affecting the companies’ profits. Increased spending on government program members and higher than expected medical expenses for seniors have also contributed to the increased loss ratios.

Source: www.healthcaredive.com –

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