Report: Calif.’s Large Insurers Were Profitable in 2010
Despite complaints about high health care costs, California health insurers generated a combined $105 billion in revenue in 2010, and the largest insurers reported profits after paying policyholders' medical claims, according to the California HealthCare Foundation's annual Health Care Almanac. CHCF publishes California Healthline.
- "California's Big Health Insurers Profited in 2010, Data Show" (Helfand, "Money & Company," Los Angeles Times, 11/10).