Navigation Links
California Insurers are Behind the Curve with Consumer-Driven Health Plans
Date:10/29/2008

Insurers Still Seeking Right Price for Consumer-Driven Products, According

to New Report from HealthLeaders-InterStudy

NASHVILLE, Tenn., Oct. 29 /PRNewswire/ -- HealthLeaders-InterStudy, a leading provider of managed care market intelligence, reports that despite its trend-setter reputation, California is behind the curve in the consumer-driven health plan market, resulting in some sticker shock as insurers search for the right price for their products. According to the latest California Health Plan Analysis, fewer than 4 percent of California employees are covered by tax-advantaged, high-deductible products, also known as consumer-driven health plan products, which are increasing in popularity nationwide. According to one 2008 study, consumer-driven products represent about 5.2 percent of employer-sponsored health plans in California, compared to nearly 13 percent nationally.

"The strength of HMOs in California is one reason that uptake of consumer-driven plans has been slow," said Chris Lewis, analyst with HealthLeaders-InterStudy. "Residents are familiar with HMOs and the predictable fees and copays associated with them. However, as prices of HMOs are increasing and catching up to PPO premiums, employers are looking for more choices and are becoming more educated about the health plan options out there."

Insurers are meeting market demand by providing high-deductible plans to employers, but pricing of these consumer-driven plans has been a challenge. For example, Anthem Blue Cross hiked fees for one of its Lumenos plans by more than 32 percent in May 2008. According to Anthem Blue Cross officials, the price increase was necessary to respond to an expensive, and unanticipated, number of claims.

"Carriers had thought that with a high-deductible plan, consumer medical spending would be more moderate than it turned out to be," noted Lewis. "As a result, some employers responded to high renewal rates by changing carrie
'/>"/>

SOURCE HealthLeaders-InterStudy
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. California Brain Injury Association and Scarlett Law Group Conduct Medical/Legal Conference on Traumatic Brain Injury November 21 - 23rd, 2008
2. Blue Shield of California Opens New Lodi Campus
3. Celebrate Halloween Safely This Year With Tips From the California Poison Control System
4. Free Cab Rides Home for Halloween in Alameda, Oakland, Berkeley and San Francisco, California
5. Fourth Hand Transplant Recipient Heads Home to California
6. Statement From Carroll Schroeder, Executive Director for the California Alliance of Child and Family Services, on Californias 2008-2009 Final Budget:
7. Blue Shield of California and NorthBay Healthcare Reach an Agreement
8. Target America Exhibit Opens at the California Science Center October 2, 2008
9. California Dental Association Foundation Launches New Dental Risk Assessment Campaign
10. Council on Education in Management Announces Insurance Commissioner Steve Poizner Will Present Keynote Address at the 6th Annual California Workers' Comp Forum
11. ACC Applauds Californias Decision to Not Ban Food-Contact Products Containing Bisphenol A
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/30/2015)... 30, 2015 "Despite having the most ... get better health outcomes than people in other developed ... always safe" states author Dr. John Patrick in his ... Unraveling and Solving the Complexities of Healthcare, John ... to the healthcare policy debate will understand. He arrives ...
(Date:5/30/2015)... Houston, Texas (PRWEB) May 30, 2015 ... week for 2015’s Aesthetic Meeting, sponsored by the American ... many industry vendors on hand was Zeltiq, the parent ... the aesthetic space, CoolSculpting. With blazing growth, the ... , Zeltiq is currently in the ...
(Date:5/30/2015)... New York, New York (PRWEB) May 30, 2015 ... ordered to pay $100 million in punitive and ... http://www.vaginalmeshlawsuit2015.com/ ) plaintiff who suffered serious complications following ... devices. According to a verdict rendered on May ... awarded $25 million in compensatory damages after the ...
(Date:5/30/2015)... May 30, 2015 At 73 years old, ... vibrant health , which she attributes to a lifetime ... of good nutrition with the release of her new book ... Xlibris AU). , “Cook for Health and Longevity” features a ... and mostly organic food . It is designed to ...
(Date:5/30/2015)... Key Housing, a top-rated corporate housing ... their June 2015 featured apartment community: 388 Beale Street. ... Key Housing is helping those people looking for corporate ... of the tightest apartment markets in the United States. ... anyone who requires temporary San Francisco corporate housing is ...
Breaking Medicine News(10 mins):Health News:"Health Attitude", a new book by Dr. John R. Patrick, explains the American healthcare system, what is wrong with it, and how to fix it. 2Health News:"Health Attitude", a new book by Dr. John R. Patrick, explains the American healthcare system, what is wrong with it, and how to fix it. 3Health News:Dr. Paul Vitenas Meets with Zeltiq President and CEO in Montreal 2Health News:Dr. Paul Vitenas Meets with Zeltiq President and CEO in Montreal 3Health News:Boston Scientific Transvaginal Mesh Lawsuit Trial Ends With $100 Million Verdict 2Health News:Boston Scientific Transvaginal Mesh Lawsuit Trial Ends With $100 Million Verdict 3Health News:Boston Scientific Transvaginal Mesh Lawsuit Trial Ends With $100 Million Verdict 4Health News:Lynn Kendall Shows How to ‘Cook for Health and Longevity’ 2Health News:Lynn Kendall Shows How to ‘Cook for Health and Longevity’ 3Health News:San Francisco Corporate Housing Leader Key Housing Designates 388 Beale Street as Featured Community for June 2Health News:San Francisco Corporate Housing Leader Key Housing Designates 388 Beale Street as Featured Community for June 3
... The partnership will bridge diabetes and obesity research ... Aug. 17 Florida Hospital and Burnham Institute for Medical ... advancing Orlando as a hub for medical research. Today, officials ... the appointment of Dr. Steven R. Smith, an internationally-renowned diabetes ...
... the end of July 2009, a team of cardiac surgeons ... of Cardiac Surgery at Heidelberg University Hospital, was the first ... device, the modern version of the DeBakey VAD. The device ... especially effective, gentle and quiet manner. The pump weighs 92 ...
... , First ever-activist toolkit included with an e-book ... RIVER JUNCTION, Vt., Aug. 17 Former Vermont Governor and DNC ... to use technology to empower grassroots activism. Dean has teamed up ... HOWARD DEAN,S PRESCRIPTION FOR REAL HEALTHCARE REFORM: How We Can Achieve ...
... , NEW YORK, Aug. 17 Xanthus ... P.C. The medical group is located in Manhattan on 87th Street ... in maintaining the musculoskeletal health of their patients, so that they ... information please see http://www.manhattanort h opedic.com ...
... ... ... largest providers of specialty products and services for the workers, compensation market, today announced that Lori ... excited to have Lori join PMSI in this critical role. She is a natural fit based ...
... magazines depicted babies in unsafe sleep positions, according to a ... that two-thirds of sleep environments depicted in these magazines were ... Rachel Moon, MD , a pediatrician, and Brandi Joyner at ... infants in 24 magazines with wide circulation among 20- to ...
Cached Medicine News:Health News:Florida Hospital and Burnham Institute Announce New Executive Director and Facility for Clinical Research Institute 2Health News:Florida Hospital and Burnham Institute Announce New Executive Director and Facility for Clinical Research Institute 3Health News:Heidelberg cardiac surgeons implant world's first new DeBakey Heart Assist Device 2Health News:Howard Dean and Chelsea Green Publishing Utilize iPhone Technology to engage and Mobilize Americans in Healthcare Reform Debate. 2Health News:Howard Dean and Chelsea Green Publishing Utilize iPhone Technology to engage and Mobilize Americans in Healthcare Reform Debate. 3Health News:Howard Dean and Chelsea Green Publishing Utilize iPhone Technology to engage and Mobilize Americans in Healthcare Reform Debate. 4Health News:Xanthus Communications Adds New Client Manhattan Orthopedic & Sports Medicine Group, P.C. 2Health News:PMSI Appoints Lori Daugherty as President of Pharmacy Division 2
(Date:5/29/2015)... , May 29, 2015  Today, UL LLC, ... leading global provider of electronic quality management systems ... agreement which will leverage the strengths of both ... quality system implementation and comprehensive advice and guidance ... MasterControl,s EQMS capabilities to UL,s strength in regulatory ...
(Date:5/29/2015)... -- Research and Markets ( http://www.researchandmarkets.com/research/64lx2w/north_america_mri ) has announced ... - Growth, Trends And Forecasts (2014 - 2019)" ... MRI systems market is estimated to increase from the ... 2020 with a CAGR of 2.9% between 2014 and ... open system, closed system and the standing or upright ...
(Date:5/29/2015)... May 29, 2015 Actinobac Biomed, NovoPedics, Inc. ... with investments from Foundation Venture Capital Group (FVCG), have ... 2015 as part of the Start-Up Stadium and Company ... James M. Golubieski . The ... will be held in Philadelphia ...
Breaking Medicine Technology:UL and MasterControl collaborate to provide medical manufacturers full service QMS and Regulatory Submissions support 2UL and MasterControl collaborate to provide medical manufacturers full service QMS and Regulatory Submissions support 3North America MRI Market - Growth, Trends And Forecasts 2014-2019 with GE, Hitachi Medical, Philips Healthcare, Siemens Healthcare & Toshiba Medical Systems Dominating 2Foundation Venture Capital Group Portfolio Companies to be Highlighted at Bio International in June 2Foundation Venture Capital Group Portfolio Companies to be Highlighted at Bio International in June 3
... HAMBURG, Germany, Sept. 20, 2011 Weight and height, ... leader for medical measuring and weighing. Now the company ... system integrating modern medical practices and hospital equipment. The ... problems of precise data capture, transmission and interpretation of ...
... Sept. 20, 2011 Valeant Pharmaceuticals International, Inc. ... existing senior secured credit facilities of its wholly ... facilities are guaranteed by the Company.  The proposed ... to consist of a $200 million revolving facility ...
Cached Medicine Technology:seca 360 wireless - The New Era of Measuring and Weighing 2Valeant Pharmaceuticals to Refinance Senior Secured Credit Facilities 2
EXTEND is an absorbable synthetic punctal implant that provides occlusion up to three months. It is packaged 20 implants per box in sizes of .0.3mm, 0.4mm, 0.5mm. A variety pack in also available w...
... The C-VUE 55 Toric Multifocal ... also have presbyopia with all day ... visual acuity at every distance. This ... wide range of parameters with ADDs ...
... based on the principle of convex ... cut., ,This results in the cornea ... of the cut to the end. ... does not vary to the extent ...
... new and innovative stent allows the physician to ... the chair with just topical anesthetic drops., ,The ... is available in three lengths 25mm, 30mm and ... of the stent is an anchor-shaped head to ...
Medicine Products: