More red ink than black

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MANAGED CARE January 1998. ©1998 Stezzi Communications

Last year was not kind to some of managed care's biggest companies. Many large for-profit plans lost money or had only sluggish net earnings. On the not-for-profit side, even Kaiser Permanente announced its first-ever loss, expecting to finish 1997 between $30 million and $50 million in the red. Some companies, like Oxford, announced they will raise premiums.

SOURCE: BUSINESS INSURANCE