OLDWICK, N.J.–(BUSINESS WIRE)– Health insurers’ results in 2009 were impacted by rising unemployment, an uptick in utilization, pricing pressures from employer groups and the H1N1 virus. A final health care reform bill was not passed in 2009 and the future of health care reform is uncertain. However, the Obama administration and congressional leaders may opt for a scaled down reform package which meets with House and Senate agreement. That could still result in new financial and regulatory challenges in 2010.
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Source: A.M. Best Company