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Clover Health narrows loss in 4Q results, doubles revenues

Posted On: Mar. 1, 2023 10:14 AM CST

Startup insurer Clover Health improved on its loss margins in 2022, posting an $84 million loss in the fourth quarter of 2022, down from a $187.2 million loss in the fourth quarter of 2021, reports Becker’s Payer Issues. Clover Health reported $898.8 million in revenue in the fourth quarter, up from $432 million in the same quarter of 2021.