HMSA profit soars; Kaiser loss widens
(WorldNews Business)

Hawaii Medical Service Association’s profit soared to $56.8 million in the second quarter, while Kaiser Permanente’s losses rose to $40.5 million as the health insurers struggle to balance the pool of sick and healthy members. Health insurance companies try to collect enough premiums to pay for the projected medical costs of their members, though one insurer may have more high-cost cases or higher utilization, substantially impacting their financial results. Nonetheless, the significant difference in quarterly earnings...