Managed Care

 

Where health expenditures have been, and where they are likely to go

MANAGED CARE December 1998. © MediMedia USA
News and Commentary

Where health expenditures have been, and where they are likely to go

MANAGED CARE December 1998. ©1998 Stezzi Communications
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The Health Care Financing Administration confirms that the big upturn in medical inflation almost everyone expects hasn't yet hit. But the rate of spending in the private sector has increased three years in a row, as health plans try to shore up margins.

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SOURCE: HEALTH CARE FINANCING ADMINISTRATION, WASHINGTON, 1998

Increasing health plan premiums are contributing to the rise in public-sector spending. According to Milliman & Robertson, the actuarial and consulting firm, premiums rose nearly 8 percent in 1998 — a figure that takes on added significance considering that the average annual premium increase since 1994, including this year's jump, has been, by M&R's tally, only 1 percent.

Looking to 1999, Watson Wyatt Worldwide, the management consulting firm, sees even steeper premium increases for non-HMO health plans. Part of the rises can be traced to a predicted 15-percent-or-higher increase in prescription-drug expenses.

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SOURCES: MILLIMAN & ROBERTSON, MILWAUKEE, 1998; WATSON WYATT WORLDWIDE, BETHESDA, MD., 1998

Meetings

Pharmaceutical Pricing and Contracting Conference Philadelphia, PA September 22–23, 2014
Private Health Insurance Exchanges Conference Washington, D.C. October 7–8, 2014
National Healthcare Facility Management Summit Palm Beach, FL October 16–17, 2014
National Healthcare CFO Summit Las Vegas, NV October 19–21, 2014
National Healthcare CXO Summit Las Vegas, NV October 19–21, 2014
Innovative Member Engagement Operations For Health Plans Las Vegas, NV October 20–21, 2014
4th Partnering With ACOs Summit Los Angeles, CA October 27–28, 2014
2014 Annual HEDIS® and Star Ratings Symposium Nashville, TN November 3–4, 2014
PCMH & Shared Savings ACO Leadership Summit Nashville, TN November 3–4, 2014
World Orphan Drug Congress Europe 2014 Brussels, Belgium November 12–14, 2014
Medicare Risk Adjustment, Revenue Management, & Star Ratings Fort Lauderdale, FL November 12–14, 2014
Healthcare Chief Medical Officer Forum Alexandria, VA November 13–14, 2014
Home Care Leadership Summit Atlanta, GA November 17–18, 2014