Blue Cross Blue Shield of Michigan Reports Operating Margin of 1 Percent for 2019
March 03, 2020
March 03, 2020
DETROIT, Michigan, March 3 -- The Blue Cross and Blue Shield of Michigan issued the following news release:
Blue Cross Blue Shield of Michigan reported positive results for 2019 across its key performance measures. The nonprofit mutual insurer will post an operating margin of $248 million on revenue of $30.2 billion for 2019, based on Generally Accepted Accounting Principles (GAAP). The operating margin of less than 1 percent for 2019, when included with the past nine years of finan . . .
Blue Cross Blue Shield of Michigan reported positive results for 2019 across its key performance measures. The nonprofit mutual insurer will post an operating margin of $248 million on revenue of $30.2 billion for 2019, based on Generally Accepted Accounting Principles (GAAP). The operating margin of less than 1 percent for 2019, when included with the past nine years of finan . . .