The Oregonian has reported that the big winner in getting Cover Oregon customer "sales" (which does not mean the first payment has been made) is Moda.
Carrier - Policies [sold] as of March 6
Atrio - 16
BridgeSpan - 11
Oregon's Health CO-OP - 212
Health Republic - 810
Kaiser - 3,205
LifeWise - 770
Moda - 22,403
Health Net - 838
PacificSource - 927
Providence - 1,633
Trillium - 3
Total - 30,828
The question is whether Cover Oregon buyers help or hurt a health care insurance business. My brother tells me that Kaiser management was sweating last summer about having a big influx of new clients and not enough doctors, staff and facilities to care for them. It doesn't look like that will be a problem now.
So, given the fact that young people are not buying health care insurance in the numbers hoped for, are health insurers with modest gains like Kaiser and Providence in a better position than Moda/ODS with its 22,000 new clients.
Playing into the analysis is the need to expand medical facilities and personnel as well as not getting a lot of younger people to help underwrite the new clients who are older and sicker than originally planned for.
So, who is the bigger winner? Moda with big gains? Kaiser and Providence with very modest gains?