The state's big nonprofit health insurers Friday posted mixed second-quarter financial results, including operating losses tied in part to costs stemming from the federal health care overhaul.
Blue Cross Blue Shield of Massachusetts, the state's largest health plan, reported an operating loss of $46.7 million and a net loss of $32.2 million. The quarterly losses were attributed partly to $15 million in taxes and fees the Boston-based insurer said it paid out in the three months ending June 30 to support the US Affordable Care Act.
In last year's second quarter, Blue Cross Blue Shield registered an operating loss of $8.5 million but a net gain of $11.8 million, largely because of investment income.
Harvard Pilgrim Health Plan, based in Wellesley, also cited unspecified costs related to the national health overhaul in reporting an operating loss of $12.5 million and net income of $6.9 million for the April-to-June period. That compared to a narrower operating loss of $4.5 million and net income of about $600,000 for the corresponding period in 2013.
Worcester-based Fallon Health posted a second-quarter operating loss of $900,000 and overall net income of $2.3 million, down from operating income of $2.8 million and net income of $7.3 million in the same period last year. In the most recent quarter, Fallon said it paid an Accountable Care Act fee of $2 million and $3.3 million in claims from patients taking a high-cost hepatitis C drug.
Robert Weisman can be reached at robert.weisman@globe.com. Follow him on Twitter @GlobeRobW.