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:12/1/2015)... Angeles, CA (PRWEB) , ... December 01, 2015 , ... ... coalition of obesity groups has filed a discrimination claim against the U.S. Department of ... coverage in their Affordable Care Act (ACA) plans are breaking the clause in the ...
(Date:12/1/2015)... Fla. (PRWEB) , ... December 01, 2015 , ... ... number of leadless pacemakers in the U.S. and is the only hospital in ... from the largest clinical data presentation of transcatheter pacing patients were revealed recently ...
(Date:12/1/2015)... Houston, TX (PRWEB) , ... December 01, 2015 , ... ... owner of Vitenas Cosmetic Surgery, has been named by MedEsthetics magazine as the Best ... best of the best among the many elite aesthetic physicians honored by the industry ...
(Date:12/1/2015)... ... 2015 , ... Growth in medical payments per workers’ compensation claim in Louisiana ... and nonhospital care, according to a recent study by the Workers Compensation Research Institute ... found medical payments per claim with more than seven days of lost time continued ...
(Date:12/1/2015)... York, NY (PRWEB) , ... December 01, 2015 ... ... epidemic in the 1980s we have seen vast improvements in scientific research and ... made significant strides, providing increased hope and relief to those affected by HIV/AIDS. ...
Breaking Medicine News(10 mins):
(Date:12/1/2015)... Va. , Dec. 1, 2015  AccuTEC ... unveiled a new corporate logo and brand identity ... the design and engineering of bladed products where ... --> --> Serving manufacturers ... glass, and auto glass equipment, AccuTEC,s product lines ...
(Date:12/1/2015)... , Dec. 1, 2015 During the ... San Francisco, CA , Medinol ... the coronary marketplace. During a satellite symposium, "The ... Design to Minimize Restenosis", a renowned physician panel ... Medinol NIRxcell™ CoCr Coronary Stent System and the ...
(Date:12/1/2015)... ) has ... and Disposables Market by product, by Animal - ... offering. --> ) has announced ... Disposables Market by product, by Animal - Global ... --> Research and Markets ( ...
Breaking Medicine Technology: