First few Article Sentences
Thirteen of the largest Oregon health plans recently reported financial results through the third quarter of 2012 and all but three were profitable. However, net income was down from 2011 levels for eight of the thirteen plans which could indicate trouble on the horizon. Our report shows total revenues, net underwriting gain (loss), investment gain (loss), other income and net income (loss) for the thirteen domestic health plans operating in Oregon for the nine months ended September 30, 2012 and September 30, 2011. We also present member months, the combined total of month ending membership for each nine month period. When the financial figures are divided by member months, a monthly average is obtained that is valuable in comparing one plan to another. Financial statement users can then make apples to apples comparisons of health plans. However, there can be significant differences in the type of membership each plan serves. Keep this in mind as you analyze the numbers.