Connecticut Non-Profit Hospital Net Assets (Financial Strength) Up 140% Since 2008 Financial Meltdown ..... The Main Reason Health Insurance Premiums Are Now So Reasonable on Health Insurance Exchange

From a review of the Electronic Municipal Market Access (EMMA), I found 5 Non-Profit Hospital Organizations all headquartered in the State of Connecticut with Net Assets (i.e. Financial Strength or Total Assets minus Total Liabilities) at the most recent date reported of more than $400 mil each.

Below here are the Net Assets of these 5 Connecticut Hospital Organizations at both the most recent reported date and also at the end of the Fiscal Year which included the late 2008 US Financial Meltdown:

							Net	Net
							Assets	Assets
						FYE	FYE	%
						Balance	Balance	Increase
						Sheet	Sheet	Since
				Most		Date	Date	FYE
			Most	Recent		Including	Including	Including
			Recent	Balance		2008-09	2008-09	2008-09
			Balance	Sheet		US	US	US
	City	State	Sheet	Net		Financial	Financial	Financial
US Hospital Organization	HQs	HQs	Date	Assets		Meltdown	Meltdown	Meltdown
				mil $s			mil $s
Hartford HealthCare	Hartford	CT	Dec 14	1,604		Sep 09	661	143%
Yale-New Haven Health Services	New Haven	CT	Sep 14	1,867		Sep 09	588	218%
Western Connecticut Health	Danbury	CT	Jun 14	548		Sep 09	266	106%
Greenwich Healthcare Services	Greenwich	CT	Sep 14	436		Sep 09	357	22%
Stamford Health System	Stamford	CT	Dec 14	434		Sep 09	168	158%
Total all 5				4,889			2,040	140%

As you can see from the above chart, the Total Net Assets (Financial Strength) of these 5 largest Connecticut Hospital Organizations totaled $4,889 mil, up a huge 140% from such Total Net Asset amounts of $2,040 mil at their fiscal year ends which included the 2008-09 US Financial Meltdown.

With such a very impressive Connecticut Hospital Net Asset percentage increase, a key beneficiary of this will be Connecticut citizens who have elected or will be electing to buy health insurance on the Health Insurance Exchange.  This superb Net Asset growth has given and will continue to give these Connecticut Hospitals the financial flexibility to moderate their pricing for hospital and other health care procedures in their negotiations with health insurance companies which ultimately determines what insurance premium prices are set at by health insurance companies on the Health Insurance Exchange.