Life and health insurers and distributors started to release second-quarter earnings reports this week.
StanCorp Financial Group Inc., Portland, Ore (NYSE: SFG)
2Q 2011 Results
NET INCOME: $19 million
REVENUE: $706 million
2Q 2010 Results
NET INCOME: $41 million
REVENUE: $691 million
- Group insurance claims continued to be high, as they were in the first quarter, and the company says it has increased prices to reflect the changing claims environment.
- Group insurance sales fell to $38 million, from $43 million in the second quarter of 2010.
UnitedHealth Group Inc., Minneapolis, Minn. (NYSE: UNH)
2Q 2011 Results
NET INCOME: $1.3 billion
HEALTH PLAN MEMBERS: 34 million
REVENUE: $25 billion
2Q 2010 Results
NET INCOME: $ 1.1 billion
HEALTH PLAN MEMBERS: 35 million
REVENUE: $23 billion
- Total group and individual commercial enrollment increased 5%, to 26 million.
Molina Healthcare Inc., Long Beach, Calif. (NYSE:MOH)
2Q 2011 Results
NET INCOME: $17 million
REVENUE: $1.2 million
2Q 2010 Results
NET INCOME: $11 million
