Who’s The Actuary Who Screwed This Up?

Blue Cross Blue Shield of Michigan posts 2024 operating loss amid rising medical claims

By Candice Williams – The Detroit News

Blue Cross Blue Shield of Michigan reported Monday an operating loss of $1.7 billion in 2024, as the insurer paid $3 billion more for medical and pharmacy claims costs for members than in the previous year. The company saw a loss of $1.02 billion on enterprise revenue of $40.6 billion for the year.

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Curative Health Insurance Company’s Financial Strength Rating Affirmed by AM Best for Third Consecutive Year

AUSTIN, Texas–(BUSINESS WIRE)–Curative Insurance Company is proud to announce that AM Best, the global credit rating agency specializing in the insurance industry, has affirmed its A- (Excellent) Financial Strength Rating (FSR) and Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) for the third consecutive year. This affirmation reflects Curative’s continued financial stability, robust risk-adjusted capitalization, and commitment to its innovative employer-based health plan.

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ASAS Health Clinics Need Trustworthy Agents On-site

The Valley’s hottest value-care provider, ASAS Health, has partnered with local legend Daniel Wyatt of Covenant Insurance Advisors to help the growing Senior Population of Texas! Now, we need your help to cover each location and get these beneficiaries the help they deserve. To sign up for your on-site location for free, simply join us for a brief info session!

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