Health insurers hedge bets with surge in reinsurance

Summary: Big health insurance companies are finding new ways to play it safe with their money. Instead of taking on all the financial risks of covering patients themselves, they are passing a lot of that risk over to other companies, known as reinsurance companies. This "hedging" strategy helps them protect their profits, especially when dealing with Medicare Advantage plans.

Source: Modern Healthcare URL: modernhealthcare.com/insurance/mh-unitedhealth-highmark-health-reinsurance-medicare-advantage/ (opens in new tab)