Nonprofit insurance better than for-profit

Nonprofit health insurers are making
investments in service delivery, product development, and
growth through such sources as gains from operations,
investment portfolios, and accumulated reserves.  In
addition, the report found that administrative expense
ratios are higher in the for-profit, publicly traded health
plan firms. Compared with the investor-owned firms, the
nonprofit health insurers are using "a significantly higher
percentage of the customers' premium dollar to pay health
care claims," according to the report, "Nonprofit Health
Insurers: The Financial Story Wall Street Doesn't Tell".

http://pubs.bna.com/ip/BNA/hce.nsf/is/a0a7v5m1e1