Year-Over-Year Health Insurance Segment Profitability Trends

This brief presents key findings from Mark Farrah Associates' (MFAs) annual review of profitability for commercial and government lines of health insurance business. MFA compared 2025 and 2024, per member per month (PMPM) health premiums and expenses for the Individual, Employer-Group, Medicare, and Medicaid segments.

Mark Farrah Associates
Medicare Prescription Drug Plan Top Contracts
Mark Farrah Associates
Decreases in Enrollment Continue in U.S. Managed Medicaid Markets
Mark Farrah Associates
Top Health Plan Administrative Services Only companies in Maryland
MFA in the News
Becker's Payer Issues
Health insurers collectively lost $10.4 billion on underwriting in 2025, a dramatic deterioration from $1.7 billion the year before, according to a Mark Farrah Associates analysis.
Industry News
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