Michigan HMOs’ profitability fell in 2007, despite a rise in premiums

The profitability of Michigan HMOs decreased in 2007, despite a cost hike in commercial premiums and an increase in Medicare and Medicaid enrollment, according to a report. The report also found that enrollment in commercial healthcare plans continues to decline in the state, and Medicaid enrollees now make up 37.4% of HMO members, as opposed to 28% in 2000.