Which is higher: The average improper payment rate of the largest federal healthcare programs or the median net profit margin of the largest health insurance companies?
Correct Answer
Tell Me More
During 2014, the three largest federal healthcare programs (Medicare, Medicaid, and CHIP) had improper payment rates ranging from 6.5% to 9.9%. From 2007 through 2010 (later data not available), the ten largest health insurance companies had median annual net profit margins ranging from 2.1% to 4.4%. Throughout this period, the highest profit margin made by any of these companies in any year was 7.3%, and the lowest was -1.1%.
DocumentationGovernment Improper PaymentsHealth Insurance Profits
Latest Articles
Articles by Topic