Texas HMOs racked up big profit gains in early months of pandemic

The pandemic economy has stood out, in part, because it’s lifted certain industries and individuals, including some that seemed vulnerable to the downturn. Health maintenance organizations, which provide health coverage to over 5.4 million Texans, are the latest example of players that benefited greatly in the early months of the pandemic. Texas HMOs more than doubled their profit margins in the first nine months of 2020 as many customers chose to put off care during the public health crisis. Click here to read more.