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Fallon, Tufts report losses; BCBS, Harvard Pilgrim gain

Fallon Health lost $4.4 million in the first quarter of the year, while Tufts Health Plan lost nearly $27 million as both Massachusetts insurers began operating as part of accountable care organizations, in which providers statewide began treating MassHealth patients.
Blue Cross Blue Shield reported a $57.5 million net profit, and and Harvard Pilgrim Health Care squeaked out a $100,000 net gain, the insurance plans announced Tuesday.
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