HMOs Suffer 1996 Profit Decline Across Nation
Weiss Ratings reports a 60 percent fall in HMO profits in 1996 to about 700 million from 1.8 billion in 1995, covering 344 HMOs representing 95 percent of members. Medical expenses per premium dollar rose to 88.8 cents from 88.1 in 1995, with Blue Cross of California, Blue Shield of California, Fallon Community Health Plan and George Washington University Health Plan listed as strongest. Weakest HMOs include Alliance Health Network, Central Minnesota Group Health Plan, DayMed Health Maintenance Plan, and Gulf South Health Plans.
MENTIONED IN THIS ARTICLE
Weiss Ratings Inc
Blue Cross
California
Blue Shield
Fallon Community Health Plan
Massachusetts
George Washington University Health
Alliance Health Network
Pennsylvania
Minnesota
Ohio
Gulf South
Louisiana
USEC Reports Higher Revenue and Income in 1997 Quarter and Year
United States Enrichment Corp. reports fourth quarter revenue of 453.4 million dollars, up from 421.0 million. Net income for the quarter is 88 million, versus 82.4 million a year earlier. For the full year ended June 30, 1997, revenue rose to 1,577.48 million, up 12 percent from 1,412.8 million, with net income of 256.1 million compared with 304.1 million the prior year.
MENTIONED IN THIS ARTICLE
United States Enrichment Corp
USEC
F M Bank Receives Frederick Chamber Family Friendly Award
The Frederick County Chamber of Commerce honors Farmers and Mechanics National Bank for a family friendly benefits package including paid sick leave for family illness and employee assistance for immediate family. The award is part of the Responsive And Innovative Supportive Employers program.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
Frederick County
Farmers and Mechanics National Bak
F&m Bank
Donna Wilkerson
Pat Rosensteel
The
Chamber
Faye Cannon
Rose Davis
Kallie Forman
Bank
Innovation Award for personalized work contracts in Frederick
The Frederick County Chamber of Commerce awarded Alice Orzechowksi CPA of Frederick for innovative leadership in creating tailored time management based work contracts. Present were Mary McCormack Pat Rosensteel Monica Morris and Bonnie Orzechowski.
MENTIONED IN THIS ARTICLE
Chamber of Commerce of
Frederick County
Alice Orzechowksi
CPA
Frederick
Mary McCormack
Pat Rosensteel
The
Chamber
Alice Orzechowski
Monica Morris
Bonnie Orzechowski
Keeney completes photograph program at Hallmark Institute
Aimee Keeney, a Frederick Community College graduate, finished the Professional Photography program at Hallmark Institute of Photography in Turners Falls Massachusetts. She won first place in the Hasselblad Student Self-Promotion Competition and first place in the Hallmark Student Open House Social Awareness Print Competition. She plans to specialize in portrait, commercial and wedding photography in Maryland.
MENTIONED IN THIS ARTICLE
Aimee Keeney
Frederick Community College
Hallmark Institute of Photography
Turners Falls
Mass
Hasselblad
Hallmark
Maryland
Rain soaks soybean futures in Chicago trade
Rain drenches Midwest crops as soybean futures plunge the daily limit at the Chicago Board of Trade. Corn and wheat slide with soybeans at 6.43 a bushel and rainfall forecasts extend through Wednesday. Analysts warn about potential permanent damage, though a large harvest remains possible if weather improves. Livestock futures also fall with live cattle and hogs lower on the Chicago Mercantile Exchange.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of ‘Trade
Midwest
Don Rouse
U.S. Commodities Inc
West Des Moines
Iowa
Chicago Mercantile Exchange
Nu Skin settles FTC suit over unsubstantiated claims
Nu Skin International will pay 1.5 million to resolve an FTC complaint alleging unsubstantiated claims for products Metabolism OverDrive GlicoBar Appeal Lite and Breakbar that purport to reduce fat boost metabolism and build muscle. The company noted additional settlements and a 1994 consent order governs evidence standards.
MENTIONED IN THIS ARTICLE
Provo
Utah
Nu Skin International Inc
Federal Trade Commission
PTC
Nu Skin
FTC
Steven J. Lund
Frederick youth attends national conference scholarship
David Young of Frederick was awarded a scholarship by the American Association of Christian Schools to attend the AACS Youth Legislative Training Conference held recently in Washington, D.C. He is the son of Skip and Lois Young and a graduate of Frederickian Academy.
MENTIONED IN THIS ARTICLE
David Young
Frederick
American Association of Christian Schools
Washington, D.C
Skip and
Loisoun
Frederickian Academy
Also Mentioned on This Page
Hmos
U.S. Enrichment Corp
Keeney
Frederich Netusast
Ghul Valley
Walkera
Une Iith
Adventist Urals
Frederick Memorial
Alzheimer’s
Glade Valley Nursing and Rehabilitation Center
St W
Drederigk Mwalkersville, MI
Young
Miss Adventures
Rotary
TouchTone
Athacoye
Trey RE Suatcurne
Ciidren
BOX
Rome
Ius
Cnjoy
Od Beatles
Minute Skinner
Bob Seger
David Ipmerman
Attenwe
Weno
Slim Bolt
Slim
Frederick Aon
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