Health Insurance Rate Rise Slows, Survey Finds
Early results of two consulting firms' health care insurance rate surveys forecast that 2007 will see lower premium increases in recent years.A preliminary survey by Milliman Inc., Seattle, estimates January renewal increases averaging 9.7% for health maintenance organizations, almost 1% lower than last year's result of 10.6%.
Results for preferred provider organizations show an anticipated 2007 renewal rate increase of 10.7%, 1% lower than last year.
Information provided by National Underwriter Magazine, July 24, 2006.
posted by Mike @ 9:30 AM
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