News Headlines Article

Nonprofit Health Insurers Hardly Singing the Blues
The Nonprofit Quarterly

If a prediction from a Wall Street analyst proves true, Blue Cross Blue Shield policyholders may profit nicely from the huge piles of cash these nonprofit health plans have been accumulating in recent years. Analyst Carl McDonald of Citi Investment Research & Analysis, issued a report earlier this week showing that, nationwide, some 33 nonprofit plans are sitting on almost $29 billion in capital reserves, up $18 billion since 2008.