Montana Blue Cross nets $21M in income

Montana Blue Cross/Blue Shield https://www.bluecrossmontana.com/sites/bcbsmt/pages/globalhome.aspx , the state’s largest health insurer, reported $21.2 million in net income for 2007 – one of its best financial years ever.

The increased earnings for Blue Cross came as the Helena-based health insurer increased premiums for customers an average of 6 percent last year and 13 percent in 2006.

At the same time, Blue Cross claims paid out to physicians, hospitals and other medical providers declined slightly in 2007, dropping $1.8 million to a total of $413.2 million.

By MIKE DENNISON Missoulian State Bureau

Full Story: http://missoulian.com/articles/2008/04/04/news/local/news05.txt