Health and Life Insurers Report Healthy '04 Profits

Summary


Your insurance rates aren't the only thing in health care on the rise. So are health insurers' profits.

Health and life insurers reported income that rose 29 percent in 2004 to $38.8 billion, helped by earnings from investments and rising premiums, according to Weiss Ratings Inc. The $8.8 billion increase is the second consecutive rise in annual income.

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Extract


Health and Life Insurers Report Healthy '04 Profits

Investment income rose 4.8 percent, or $6.9 bill...

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