Mark Farrah Associates (MFA), a leading data aggregator and publisher of health plan market data and analytics, aggregates industry metrics from statutory financial statements filed with state insurance regulators in its Health Coverage Portal (HCP). MFA continually strives for ongoing product enhancement and development, to further simplify the analysis of health insurance business. MFA’s newly enhanced Health Coverage Portal™ provides expanded capabilities and time-saving ease of use for the analysis of annual and quarterly financials, enrollment and industry ratios for health plans across all 50 states, the District of Columbia and U.S. territories. Data sources include statutory financial reports from the NAIC (National Association of Insurance Commissioners) and the CA DMHC (California Department of Managed Health Care).
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The annual 2024 data is now available!
Product features include:
- Annual/quarterly enrollment and market share for Individual, Small Group, Large Group, ASO and Government programs are grouped by Parent and Plan
- Revenue, expenses, underwriting gain or loss, administrative and medical loss ratios for Commercial, Medicare and Medicaid lines
- Streamlined design for analytical efficiency
- Enhanced data filtering and display
- More powerful trending capabilities
- Visually informative dashboard displays
- Consistently updated and refreshed to deliver the most current information available, providing unsurpassed analytic support and reliable data, encompassing history from 2006 to the current quarter
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Health insurers and companies with a vested interest in the healthcare industry rely on market share and health plan financials to assess competition and identify new business opportunities. For companies seeking comprehensive market data, MFA offers the Health Coverage Portal, an online application that integrates NAIC and CA DMHC financial statements, relevant government reports and MFA self-insured datasets.
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Source – PR Newswire