News Headlines Article

High Unemployment Hurting Health Insurers
HC Pro - Joe Cantlupe, for HealthLeaders Media

High unemployment in 2009 squeezed private health coverage and enrollment in publicly subsidized managed care plans, according to health insurance ratings agency A.M. Best Co. In a latest report, commercial enrollment among publicly traded insurers dropped by 2.3% or 2.3 million members through the first nine months of 2009. No overall reversal is expected until employers start hiring, the agency said.