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HMSA programs have positive effect on 3rd quarter earnings


The Hawai‘i Medical Service Association (HMSA) says its third quarter earnings will help offset a first quarter loss of $30.4 million, which was largely attributed to Affordable Care Act (ACA) fees and taxes. HMSA reported a $17.8 million gain according to numbers filed with the state Insurance Division today in the company’s third quarter financial statement. HMSA is currently reporting a year-to-date loss of about $236 thousand.

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