Highmark Health took a $69 million net loss in the first nine months of the year as the Pittsburgh-based company struggled with more frequent and costly health insurance claims.
The organization’s insurance arm, Highmark Health Plans, had a $211 million operating loss through September, according to financial results released Monday.
The losses were somewhat offset by $79 million in operating income from Allegheny Health Network and $29 million in operating income from the company’s diversified businesses, which include United Concordia Dental and stop-loss insurer HM Insurance Group…