May 17, 2010

Fallon loses 8.5 Million in 1st qtr

Fallon is a great employer in the City, lets hope they turn it around.   Click here.  

4 comments:

Anonymous said...

Where about did they loose it?

David Z. said...

Fallon's 1st quarter loss was small compared to the other large insurers in Massachusetts (see the article link below from today's T&G).

And to think the recently passed national health plan is based on the model from Massachusetts.

http://www.telegram.com/article/20100518/NEWS/5180348

Bill Randell said...

dave

true but Fallon is the least capable to handle any losses and the pending changes to Medicare Advantage???

Very worried about their future.

Bill

T-Traveler said...

http://www.boston.com/business/healthcare/articles/2010/06/11/state_asks_to_oversee_3_insurers/?p1=Well_MostPop_Emailed4

Looks like the state is increasing pressure on these insurers. I think the announcement taht i was being examined this way by the state could hurt business