Navigation Links
Health Plans Expect Premium Increase of 7.4% in 2008

PHILADELPHIA, Oct. 9 /PRNewswire/ -- Health plans are expecting premium rate increases in 2008 of 7.4%, 0.8 percentage points lower than last year's expectation of 8.2%. This is the fourth consecutive decline in the rate of premium growth.

Sherlock Company conducted this survey in September of 2007. The survey contained 76 responses, comprising 20.7% of health plans serving commercial members nationwide.

Separately, the survey notes that the East South Central region is expected to have the highest premium rate increases and the Pacific region is expected to have the lowest. Also, the survey indicates that plans expect to post increases before buy-downs of 9.4%, down from 10.4% in 2007. This implies an increase in consumer cost sharing of 16.2%. Health benefit ratios are expected to increase by 0.5 percentage points on average, and health care costs are expected to increase by 8.0%.

Additional information concerning the Thirteenth Annual Health Plan Pricing Survey is available from Sherlock Company.

Sherlock Company ( ) provides informed solutions for health plan financial management. We provide benchmarking data and analysis for the management of the costs and quality of administrative functions, perform valuation, due diligence and other corporate finance services health plans and offer financial research publications for the health plan industry. Sherlock Company's performance benchmarking studies are used by health plans serving more than one-third of all members of private health insurance plans.

Contact: Douglas B. Sherlock, CFA


SOURCE Sherlock Company
Copyright©2007 PR Newswire.
All rights reserved

Page: 1

Related medicine news :

1. Poor health care in Russia maybe causing Decline in its Population
2. Startling Expose – Physicians Often Have No Regular Source Of Health Car
3. Debate Rages over firing of HIV infected health care workers
4. Want a Healthy brew? Have some Tea!
5. Patient’s perception of health status helps in better recover
6. Antioxidants protect health tissue in people undergoing radiation therapy.
7. Sexual abuse affect health for a lifetime
8. Smoking a greater risk than HIV? Yes say health experts!!!!
9. Healthcare sector is now a multi billion-dollar industry in India
10. Exclusive breast-feeding advised for six months in infants recommends World Health Organization
11. How much can exercise improve health?
Post Your Comments:
(Date:6/26/2016)... ... ... blind and certified personal trainer is helping to develop a weight loss fitness plan that ... the two major problems leading the fitness industry today:, , All ... They don’t eliminate all the reasons people quit their exercise program , ...
(Date:6/25/2016)... ... June 25, 2016 , ... ... and applications at AcademyHealth’s Annual Research Meeting June 26-28, 2016, at the Hynes ... important health care topics including advance care planning, healthcare costs and patient and ...
(Date:6/25/2016)... ... June 25, 2016 , ... The temporary closing of Bruton Memorial Library on June 21 due ... up a new, often overlooked aspect of head lice: the parasite’s ability to live away ... a common occurrence, but a necessary one in the event that lice have simply gotten ...
(Date:6/25/2016)... , ... June 25, 2016 , ... First Choice ... States, named Dr. Sesan Ogunleye, as the Medical Director of its new Mesquite-Samuell Farm ... Medical Director of our new Mesquite location,” said Dr. James M. Muzzarelli, Executive Medical ...
(Date:6/25/2016)... , ... June 25, 2016 , ... ... and non-athletes recover from injury. Recently, he has implemented orthobiologic procedures as a ... area —Johnson is one of the first doctors to perform the treatment. Orthobiologics ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... Research and Markets has announced the addition of ... their offering. The current ... environment for MedImmune to enter. The US ageing population creates ... drive considerable growth for effective anti-influenza medications. The introduction of ... but development is still in its infancy. ...
(Date:6/23/2016)... announced the establishment of Astellas Farma Colombia (AFC), a new affiliate with operations headquartered in Bogota. Colombia ... ... ... ... Astellas is a pharmaceutical ...
(Date:6/23/2016)... 2016 Research and Markets has ... Global Analysis (United States, China, Japan, Brazil, United Kingdom, ... their offering. Surgical ... business planners, provides surgical procedure volume data in a ... an in-depth analysis of growth drivers and inhibitors, including ...
Breaking Medicine Technology: