HMSA reports increase in net operating gain in Q3

//HMSA reports increase in net operating gain in Q3

HMSA reports increase in net operating gain in Q3

The Hawaii Medical Service Association, known as HMSA, reported a 1.6% net operating increase in its third quarter financial report, the medical insurance agency announced on Friday. HMSA also reported an investment gain of $6.3 million and $865.3 million in premium revenue during the quarter. Of HMSA’s Q3 premium revenue, 90.5%, or $783.3 million, was spent on health care services for members, with $79.5 million going toward administrative expenses. “Much of our financial success can be attributed…

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By | 2019-11-16T20:00:00+00:00 November 16th, 2019|Healthcare|

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