HMO premium rate hikes slow a bit












HMO premiums for 2004 will be up about 18 percent, according to preliminary data gathered by Hewitt Associates. Despite the continued double-digit climb, researchers believe that the rates might be starting to moderate. About 140 employers, representing nearly 1 million workers, are negotiating rates at about 17.7 percent compared to 21 percent at the same time last year. "The good news is that this may signal the moderation of health care increases over the next few years," says Ken Sperling, east market leader for Hewitt's health management practice.

Preliminary premium increases by region, 2003 vs. 2004

NOTE: Estimates do not factor in plan changes, negotiations, and terminations. Percentages are rounded to the nearest whole percentage point.

SOURCE: HEWITT ASSOCIATES

Career Opportunities

HAP, a subsidiary of Henry Ford Health System, is a nonprofit health plan providing coverage to individuals, companies and organizations. This executive develops strategies to meet membership and revenue targets through products, pricing, market segmentation and advertising.  Aligns business among Business Development, Commercial Sales, Medicare and Public Sector Programs and Product Development. Seeks to enhance and be responsible for business development and expansion through the development of an effective product portfolio, strong interpersonal relationships and service excellence.

Apply via email to jfedder1@hfhs.org or online at http://p.rfer.us/HENRYFORDlXqAJA

Subscribe to Our Newsletters

Monthly table of contents

Be notified as each issue of Managed Care is available online.

Biweekly newsletter

Recent topics have included:

PTCommunity news

New drug approvals, clinical trials, drug management. Three times per week.

UP NEXT

Managed Care
By Peter Wehrwein
Managed Care
By Howard Wolinsky