Navigation Links
Triple-S Management Corporation Reports 2008 Results at High End of Guidance Range
Date:2/19/2009

3.4% 4.3% Life Insurance 13.3% 9.3% 11.4% 10.3% Property and Casualty 20.6% 13.5% 12.3% 9.8% Consolidated 6.3% 6.6% 4.7% 5.4%

Managed Care Results Summary

Total medical premiums earned in 2008 were $1,513.0 million, up 16.2 percent versus 2007, primarily due to an increase in Medicare Advantage member months enrollment and a change in the product mix within this sector, coupled with rate increases across all businesses.

Medical premiums earned in the Medicare business rose $183.1 million, or 71.6 percent, to $438.7 million, reflecting an increase in member months enrollment of 300,892, or 54.3 percent, and a change in the product mix. The rise in member months is the net result of an increase of 310,762, or 74.6 percent, in Medicare Advantage membership and a decrease of 9,870, or 7.2 percent, in PDP membership.

Medical premiums earned in the Commercial business increased by $15.5 million, or 2.2 percent, to $734.2 million during 2008. This fluctuation is primarily the net result of an average four percent premium rate hike and a decrease in the fully-insured member months enrollment of 36,126, or 0.7 percent.

Medical premiums earned in the Reform business increased $12.6 million, or 3.8 percent, to $340.1 million during 2008. This fluctuation is largely due to the effect in the 2008 period of the nearly 10 percent premium rate increase that became effective on July 1, 2008 and a decrease in the fully- insured member months enrollment of 160,343, or 3.8 percent, when compared to the same period last year.

Administrative service fees climbed $5.2 million, or 30.5 percent, in 2008 due to increases in commercial groups and the Reform business of $2.5 million and $2.7 million, respectively. Total member months increased by 495,265, or 25.7 perce
'/>"/>

SOURCE Triple-S Management Corporation
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Related medicine news :

1. Triple-S Management Corporation Announces Full Exercise of Underwriters Over-Allotment Option
2. Triple-S Management Corporation to Present at UBS Global Healthcare Conference
3. Triple-S Management Corporation Reports Record Consolidated Operating Income, Net Income and EPS for 2007
4. Triple-S Management Corporation Schedules First-Quarter Earnings Release and Webcast
5. Triple-S Management Corporation Reports First Quarter 2008 Results; Cites Growth Resulting From Strong Market Position
6. Triple-S Management Corporation Schedules Second-Quarter Earnings Release and Webcast
7. Triple-S Management Corporation Reports Third Quarter 2008 Results; Board Approves Share Repurchase Authorization of up to $40 Million
8. Triple-S Management Corporation to Present at Credit Suisse 2008 Healthcare Conference
9. Triple-S Management Corporation Signs Letter of Intent to Acquire Managed Care Portfolio of La Cruz Azul de Puerto Rico, Inc.
10. Triple-S Management Corporation Announces Conversion of Class A Shares and Commencement of Class B Stock Repurchase Program
11. Triple-S Management Corporation Schedules Fourth-Quarter and Year-End Earnings Release and Webcast
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/26/2014)... December 26, 2014 DW-InductionHeating.com (DaWei Induction ... designing, researching and developing, producing and marketing of a ... the business announces their new series of induction ... of the company, induction brazing refers to ... special filler material and heat. The manager says that ...
(Date:12/25/2014)... TX (PRWEB) December 26, 2014 This ... state of the global Sterilizers industry with a focus ... on the market status of the Sterilizers manufacturers and ... companies and individuals interested in the industry. This report ... definition, applications and manufacturing technology. In this part, the ...
(Date:12/25/2014)... The report “TS-1 (Colorectal Cancer) – Forecast ... treatment landscape, unmet needs, current pipeline and commercial opportunities ... drug which is typically used for treating colorectal cancer. ... treating gastric cancer and pancreatic cancer. TS-1 is composed ... first approved in 1999 in Japan for the treatment ...
(Date:12/25/2014)... Recently, iFitDress.com, the popular online supplier of ... its new selection of black one-shoulder cocktail dresses . ... they are available at discounted prices, up to 70% off. ... last for three weeks only. You know, we have thousands ... interested in our new items can visit our website for ...
(Date:12/25/2014)... Recently, BellasDress has launched its ... dresses. BellasDress has chosen their best-selling lace wedding dresses, ... the holiday season. , Now, BellasDress.com features popular ... here at discount prices. The business hopes everyone can ... , “All our elegant products are made ...
Breaking Medicine News(10 mins):Health News:Induction Brazing Equipment Series From DaWei Induction Heating Co., A Reliable Supplier Of Induction Heating Equipment 2Health News:Sterilizers Industry Global and Chinese Analysis for 2009-2019 Now Available at ReportsnReports.com 2Health News:Sterilizers Industry Global and Chinese Analysis for 2009-2019 Now Available at ReportsnReports.com 3Health News:TS-1 Colorectal Cancer Market Analysis and Forecast to 2023 Report at RnRMarketReserach.com 2Health News:TS-1 Colorectal Cancer Market Analysis and Forecast to 2023 Report at RnRMarketReserach.com 3Health News:iFitDress.com: Black One-Shoulder Cocktail Dresses for 2015 2Health News:BellasDress.com’s Christmas Sale: Trendy Wedding Dresses With Big Discounts 2
... performance and lifestyle brand is paired with LensCrafters, ... 500 North American stores, MASON, Ohio, June ... at more than 500 select LensCrafters locations, North ... customers the,combined benefits of Oakley,s popular and innovative ...
... The Pennsylvania Breast Cancer Coalition announces special press,availability ... 12 The following is,being issued by the ... PA Breast Cancer Coalition (PBCC) and the Pennsylvania ... a Homerun Derby event,sliding through each of the ...
... treating high cholesterol, researchers say , , THURSDAY, June 12 ... found a protein in the liver involved in regulating ... provide a new target for treating high cholesterol or ... factor that regulates lipid synthesis in the liver," said ...
... up with Crohn,s & Colitis Foundation of America for this year,s ... Take ... of America (CCFA) is happy to announce that Salix,Pharmaceuticals, a leader in gastroenterology, ... 4 p.m. starting with family,festivities in Overland Park, Kansas a suburb of Kansas ...
... Light Technology and Ancient Relaxation ... Sleep Assistant, PORTLAND, Ore., June 12 For ... sleep but find traditional remedies such as drugs,sound machines ... Resources, Inc. is announcing the first sleep-assisting device,that silently ...
... International (VMI),recently donated a wheelchair-accessible Honda Odyssey ... Foundation. American Honda Motor Co., Inc., (AHM),supplied ... Northstar conversion, which,provides a powered in-floor ramp ... all types of wheelchairs., (Photo: ...
Cached Medicine News:Health News:Oakley Prescription Eyewear Now at Lenscrafters 2Health News:Oakley Prescription Eyewear Now at Lenscrafters 3Health News:Oakley Prescription Eyewear Now at Lenscrafters 4Health News:Scientists Discover Protein Involved in Fat Production 2Health News:National Pharmaceutical Company to Sponsor Popular Kansas City Walk 2Health News:National Pharmaceutical Company to Sponsor Popular Kansas City Walk 3Health News:New Drug-Free Solution for Insomnia 2Health News:Sam Schmidt Receives a Honda Odyssey Converted for Wheelchair Accessibility 2Health News:Sam Schmidt Receives a Honda Odyssey Converted for Wheelchair Accessibility 3
(Date:12/24/2014)... 2014  Commonwealth Cornerstone Group (CCG) today announced the completion ... Tuesday to help fund the expansion and consolidation of healthcare ... Sharon . PHN is the largest ... . It is the largest employer in Sharon,s ... on staff. Currently, PHN Sharon offers scattered services ...
(Date:12/24/2014)... 2014  The International Trade Commission (ITC) issued its final ... Medical. In a notice issued on December 23, the ITC ... on its humidifier was invalid. BMC President, ... are very excited with the ITC,s decision in this case. ... taken since the very beginning on the key patents in ...
(Date:12/24/2014)... LONDON , December 24, 2014 /PRNewswire/ ... expected to grow at an average rate of 8.1%. ... and volume. Hip, knee and spine surgeries are the ... emerging economies they have a lower penetration. Increased number ... use of composites. Non-metallic orthopedic devices have gained popularity ...
Breaking Medicine Technology:Commonwealth Cornerstone Group Announces $8 Million in Tax Credits to Expand and Consolidate Healthcare Services in Sharon 2Commonwealth Cornerstone Group Announces $8 Million in Tax Credits to Expand and Consolidate Healthcare Services in Sharon 3ITC Final Decision Goes Against ResMed (RMD) Monumental Win for 3B/BMC 2Use of Composites in Orthopedic Industry to Reach $596 Million by 2020 2Use of Composites in Orthopedic Industry to Reach $596 Million by 2020 3
NS2000 Bipolar Generator provides precise coagulation without tissue sticking....
The Sabre 2400 provides high power performance and key user features to meet today's demanding electrosurgical needs. It is an ideal general-purpose electrosurgical generator....
The ExcaliburPlus PC is the most powerful isolated ESU with 10,000 V PTP in spray coag....
Standard bipolar coagulator...
Medicine Products: