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Biotech / Medical : Oxford Health Plan (OXHP) -- Ignore unavailable to you. Want to Upgrade?

To: Premier who wrote (686)	12/30/1997 9:09:00 PM
From: Michael Burry	Read Replies (4) \| Respond to of 2068

Scuttlebut is that the major HMO's are pushing for 10-12% premium increases but employers are giving only 5-7%. Can anyone confirm this or deny this with facts? Your point is valid Premier, if the numbers are good. But if costs also increase 5-10%, it's a zero sum. The key ratio movement is claims paid/premiums collected, and expectations seem to be for that to move up. Remember that just a few years ago the industry-wide ratio was around 0.7. Now it's around 0.82, and many seem to be looking for a further squeeze above 0.85. Can anyone summarize the info in the NYTimes article re: Oxford looking for more capital? On the surface it would seem to validate my argument that short-term liquidity is endangered. But I didn't read the article and it's no longer up on the site. Not surprisingly, OXHP didn't generate a PR for it. Good Investing, Mike