Health insurers probably lost less money on individual insurance plans in 2016 than they did the year before, but those losses still totaled billions of dollars. Insurers selling plans in the individual market on and off the exchanges lost between 7% and

of premiums, compared with 10.1% of premiums in 2015, according to a report released Friday by consultancy McKinsey & Co. That’s because enrollment increased in individual plans last year, so insurers saw increases in revenue, according to the report. In aggregate, insurers lost between $5.5 billion and $7.5 billion in 2016, compared with $7.2 billion in 2015.