According to Weiss Ratings, Inc., an independent financial ratings agency, the HMO industry in general posted profits of over $500 million dollars in the first six months of 2001. The $503 million dollar profit is a 16% increase over profits noted for the first six months of the previous calendar year. Improved results were related to premium increases as well as the departure of many plans from unprofitable markets as well as plan mergers. For a detailed report on the Weiss Ratings study please go to www.ama-assn.org