Navigation Links
Segal Survey Predicts Declines in Trends for Fifth Consecutive Year

NEW YORK, Sept. 19, /PRNewswire/ -- The 2008 Segal Health Plan Cost Trend Survey forecasts continued declines in trends for 2008, marking the fifth consecutive year of declining medical trends. And, although a growing number of health plans project single-digit trends for 2008, health plan costs trends are still significantly above general inflation. Key findings include:

-- Over the past five years, projected trend rates for point-of-service

(POS) medical plans (including prescription drugs) for actives and

retirees under 65 has declined from a high of 14.9% in 2003 to 10.5%

for 2008.

-- Prescription drug projected trends have declined dramatically, by

nearly nine percentage points, since their high of 19.5% in 2003.

-- Price inflation appears to be the biggest element of overall medical

plan trend, accounting for approximately 60% of overall projected

preferred provider organization (PPO) trend in 2008.

-- The survey found some regional variation in medical trend projections

- ranging from a low of 9.4% in the Midwest to a high of 11.7% in the


The 2008 Segal Health Plan Cost Trend Survey compares historical forecasts to actual cost increases. The Survey reports projections for 2008 obtained from a survey of managed care organizations, health insurers, pharmacy benefit managers and third party administrators. The survey also covers trend rates for PPOs and HMOs, Medicare Advantage plans, dental and vision care plans.

According to Edward A. Kaplan, Segal's National Health Practice Leader, "The most successful plan sponsors are examining detailed claims data to determine what diseases, conditions, facilities and treatments are driving cost increases. Then they are using integrated data mining to develop targeted intervention strategies to identify gaps in needed treatment for participants, poor quality health care delivery to participants and ways they can improve the health and health care consumption of their participants and reduce health trends to manageable levels."

The complete survey report can be found at:

The Segal Company ( is an independent, US-based firm of benefit, compensation and human resources consultants. Clients include corporations, non-profit organizations, professional service firms, state and local governments and joint boards of trustees administering pension and health and welfare plans under the Taft-Hartley Act.


Mary L. Feldman

(212) 251-5029

SOURCE The 2008 Segal Health Plan Cost Trend Survey
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Eating disorder... a survey
2. Happiness Survey
3. Survey shows how bipolar disorder affects the quality of life for patients
4. Over Six Million HIV Infected People In South Africa- Finds A Survey
5. Rural India shows apathy towards dental problems: Survey
6. Survey finds that discussion with family very crucial in organ donation decision
7. Insomnia Hits Many Canadians: Survey
8. Scotland Ranked As Sickest Area Of UK: Survey
9. Americans Not Interested In Choosing Sex Of Child: Survey
10. A National Survey Revealed That Mental Disorders Are Common In Lebanon
11. Ignorance about AIDS rampart in Third of College Students: Chinese survey
Post Your Comments:
(Date:11/24/2015)... ... November 24, 2015 , ... Brillouin Energy ... Brillouin is the developer of renewable energy technologies capable of producing commercially useful ... announced today that its WET™ and HHT™ Boiler System reactor core modules were ...
(Date:11/24/2015)... , ... November 24, 2015 , ... ... the United States to support their local poison centers through donations on Tuesday, ... #GivingTuesday: calls it “a day that inspires people to collaborate in improving ...
(Date:11/24/2015)... ... , ... Aided by seed funding from the Ron Foley Foundation, researchers at ... into how to detect and treat pancreatic cancer (PC). , WCHN researchers will ... molecules (ncRNA), genetic material that is present in the blood of patients with PC. ...
(Date:11/24/2015)... ... ... Willey , has answered a new calling – to relieve snoring and sleep apnea for ... and sleep apnea through oral appliance therapy. He is one of a number ... of four in the Illinois area. , Dr. Willey’s location is at 11825 ...
(Date:11/24/2015)... ... , ... Autism Speaks, the world’s leading autism science and advocacy organization, will ... generosity of people around the world. On December 1, supporters can make an online ... share the personal stories behind those gifts. , Just as Black Friday and ...
Breaking Medicine News(10 mins):
(Date:11/24/2015)... 2015 Teledyne DALSA , a Teledyne Technologies ... will introduce its CMOS X-Ray detector for mammography ... to December 3, at McCormick Place in Chicago ... and interventional imaging will be on display in the South ... advanced CMOS X-Ray detectors is the industry benchmark for high ...
(Date:11/24/2015)... , Nov. 24, 2015  Boston Scientific Corporation (NYSE: ... Oppenheimer 26th Annual Healthcare Conference on December 8, in ... Susie Lisa , vice president, Investor Relations, will participate ... beginning at approximately 8:35 a.m. ET. --> ... in a 30-minute question-and-answer session with the host analyst ...
(Date:11/24/2015)... November 24, 2015   ... dietician deliver s advice and insights on ... More than 50% of Dubai ... healthy according to the DHA   femMED launches comprehensive solutions ...    Dubai residents are not consuming enough to ...
Breaking Medicine Technology: