Premium Hikes: No Cause for Celebration

What’s missing in recent reports of HMOs seeking 20- to 22-percent increases in premiums is just how less-than-thrilled health plans are to be asking for that much more money. “Any rate hike will obviously be tough on all insurance products within a given region just because the economy is too slow for employers to accept huge rate hikes,” says Thomas Morrow, MD, medical director at One Health Plan of Georgia. Employers, once again, are wondering whether it is worth it.

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