Fallon profit falls

Worcester-based insurer Fallon Community Health Plan reported a $3 million profit for the second quarter, down 23.1 percent from $3.9 million in the same quarter a year ago.

The thinner results came on revenues that actually increased in the quarter by 8.5 percent, to $208.4 million from $192 million in the 2005 second quarter.

Fallon said it added several health systems in the Boston area as members of its network in the quarter, which ended June 30.
(By Keith Reed, Globe staff)