The Cost Conundrum: Can Healthcare Insurers Find a Sustainable Balance? Alignment Healthcare's recent earnings report suggests that the company has finally found a way to manage its medical expenses.
Net income more than doubled to $36. 6 million in the second quarter, largely due to a decrease in medical benefit ratios.
This metric measures the percentage of premium revenue that goes toward medical costs, and it dropped to 86% from 90. 3% in the same period last year.