Navigation Links
Medical Cost Trends Likely to Reaccelerate According to Assured Research
Date:8/21/2013

Madison, NJ (PRWEB) August 21, 2013

The next move for medical cost trends could be sharply higher, according to a new study released by Assured Research, a firm that analyzes the property/casualty insurance industry. In its recent report, “Will the Slowdown in Medical Inflation Fuel Reserve Releases?” the firm raises questions about the Obama Administration’s claim that the Affordable Care Act (ACA) has begun to bend the medical cost curve.

“While it is true that medical inflation is near a 50-year low, that doesn’t mean it has been tamed,” asserts Assured president William Wilt. “We believe the recession and wage stagnation are having a bigger impact on costs than the ACA.”

Assured Research’s report, which focuses on medical inflation as it impacts property/casualty insurers, can be purchased at http://www.assuredresearch.com/Research.html/. The report challenges arguments put forth in the President’s 2013 Economic Report. For instance, the Administration argues that structural changes spurred by the ACA – including increased cost-sharing – are possible sources of the decline in spending growth.

“To the contrary, out-of-pocket medical costs in the U.S. – an acknowledged source of spending restraint – are already among the lowest across developed countries and set to trend even lower under the ACA,” according to the Assured Research report. The report examines other trends affecting insurers, including the expansion of coverage and health care consolidation.

The relevance for property/casualty insurance executives? Increasingly dovish insurance managers may be inclined to prematurely release reserves accrued on expectation of higher medical cost trends. Financial disappointments and erratic earnings could materialize if, as Assured Research concludes, insurance executives release temporary fillips into their income statements just as a confluence of demographic, social, economic, and business trends conspire to reignite medical inflation.

About Assured Research: Assured Research is a property/casualty insurance research firm with headquarters in Madison, New Jersey. The firm produces industry research analyzing financial, claim, and business development matters relevant to insurance professionals. Subscribing clients include (re)insurers, consultants, and intermediaries. This Assured report, found in the August edition of its monthly Assured Briefing, is available for purchase at http://www.assuredresearch.com/Research.html/.

William Wilt, the president of the firm, is available for interviews. Write to him at william(dot)wilt(at)assuredresearch(dot)com or call (973)377-2908.

Read the full story at http://www.prweb.com/releases/2013/8/prweb11042255.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Seamless Medical Joins Greenway Online Marketplace for Complete Health IT Solutions
2. ORSupply.com Releases 2014 Medical Supply Catalog
3. Champion Medical Technologies Announces Multimillion-Dollar Round of Funding
4. Elasto Proxy Announces EMI Shielding for Military Electronics and Medical Equipment; Sealing Solutions Support Warfighters and Hospital Patients
5. Local Law Firm to Sponsor Barrier Islands Free Medical Clinic Festival
6. Experts describe ways to eliminate wasteful medical tests and procedures
7. Diet Doc Medically Supervised Diet Plans Reveals New Weight Loss Pills that Encourage Eating Clean, Wholesome Foods to Reduce the Risk for Diabetes
8. Diet Doc Medical Weight Loss Diets Announces New, Healthy Food Plans and Low Carb Smoothie Recipes Ideal for the Best Weight Loss
9. Diet Doc Medical Weight Loss Plans Offers New Pure Fish Oil Capsules That Provide Countless Health Benefits
10. Online USA Doctors Answers Medical Questions 24 Hours a Day Nationwide
11. 2 Tufts biomedical graduate students awarded HHMI research fellowships
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/19/2017)... ... January 19, 2017 , ... LabRoots ... scientists from around the world, announces the launch of its newly redesigned website. ... portal to research breakthroughs and trending news, vital information on upcoming virtual events ...
(Date:1/19/2017)... ... , ... Cosmetic Town, an online plastic surgery community, begins 2017 with an ... for their readers to get the information they desire. The procedures are now listed ... used on those particular areas. , “We are excited to streamline our listings in ...
(Date:1/19/2017)... NJ (PRWEB) , ... January 19, 2017 , ... ... certified dermatologist by the American Board of Dermatology and fellowship trained Mohs and ... the National Institutes of Health, Dr. Li completed his internship in internal medicine ...
(Date:1/19/2017)... ... January 19, 2017 , ... ... doctor who administered fillers that resulted in severe facial disfiguration. After four frightening ... on by doctors at UCLA Medical Center, who removed the substances in a ...
(Date:1/19/2017)... , ... January 19, 2017 , ... ... and privacy panel system. , The Tranquility privacy panel system was designed ... office environment. Tranquility panels help reduce noise and provide the visual privacy required ...
Breaking Medicine News(10 mins):
(Date:1/19/2017)... Incretin Mimetics/GLP-1 Agonists, SNDRIs, Lipase Inhibitors, Serotonin Receptor Agonists, Sympathomimetic-GABA Receptor ... market is expected to grow at a CAGR of 27.1% ... 38.7% in the second half of the forecast period. The market ... to 2027. The market is estimated at $1,058 million in 2016, ... ...
(Date:1/19/2017)... RATON, Fla. , Jan. 19, 2017 /PRNewswire/ ... a medical device company specializing in the treatment ... such as keloids, with superficial radiation therapy, today ... and full year 2016 financial results on Thursday, February ... The Company will hold a conference call with ...
(Date:1/19/2017)... January 19, 2017 New ... to Address Motor Symptoms and Motor Complications in ... ...      (Logo: http://photos.prnewswire.com/prnh/20151014/276718LOGO) C ... European Neurological Review,2016;11(Suppl. 2): 2-15, http://www.touchneurology.com/articles/safinamide-new-therapeutic-option-address-motor-symptoms-and-motor-complications-mid-late ...
Breaking Medicine Technology: