Health insurers face slower earnings growth but outlook stable: Moody’sPosted On: Mar. 7, 2023 9:46 AM CST
Insurers will face some credit pressures over the course of this year, but the outlook for the industry is overall stable, according to a new analysis from Moody's Investors Service Inc., reports Fierce Healthcare. The report found that earnings before interest, taxes, depreciation and amortization growth for publicly traded insurers was 12% for the full year 2022. Their financial performance got a boost from suspended Medicaid redeterminations, reduced COVID-19 costs and strong growth on the Affordable Care Act's exchanges.