Managed Care

 

Where's the Beef? Despite Predictions, Premiums Advance Only 3.3 Percent

MANAGED CARE August 1998. © MediMedia USA
News and Commentary

Where's the Beef? Despite Predictions, Premiums Advance Only 3.3 Percent

MANAGED CARE August 1998. ©1998 Stezzi Communications

Maybe next year? Despite gloomy predictions of a return to double-digit premium increases and such highly publicized incidents as the CalPERS-Kaiser snit, health plan premiums have risen only 3.3 percent in the past 12 months, according to findings by KPMG Peat Marwick's compensation and benefits practice.

The consulting firm says two strong undercurrents have held premiums at bay: lower health care inflation, and the fact that the market is still price-sensitive. Premiums will rise if health plans abandon their fixation on price, as many believe is beginning to happen, and if plans give in to demands for coverage of costly new drugs.

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4th Partnering With ACOs Summit Los Angeles, CA October 27–28, 2014
PCMH & Shared Savings ACO Leadership Summit Nashville, TN November 3–4, 2014
2014 Annual HEDIS® and Star Ratings Symposium Nashville, TN November 3–4, 2014
Medicare Risk Adjustment, Revenue Management, & Star Ratings Fort Lauderdale, FL November 12–14, 2014
World Orphan Drug Congress Europe 2014 Brussels, Belgium 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
HealthIMPACT Southeast Tampa, FL January 23, 2015