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ACA fees result in Q1 loss for HMSA

05/13/2016

HMSA recorded a $30.4 million loss in the first three months of 2016, caused by $59.1 million in Affordable Care Act (ACA) fees. The National Association of Insurance Commissioners requires every health insurer to record a year’s worth of ACA insurer fees in the first quarter of each year. HMSA finished the first quarter of 2016 with a loss of 3.9 percent compared to its revenues.

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