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Article: HMOs Expect a 4.6% Increase in Insurance Rates and a 1.3 Percentage Point Improvement in Medical Expense Ratios During 1998, Reports Sherlock Company
- Article from:
- PR Newswire
- Article date:
- October 1, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GWYNEDD, Pa., Oct. 1 /PRNewswire/ -- HMOs nationwide are anticipating a 4.6% increase in premium rates and a 1.3 percentage point decrease in their medical loss ratios during 1998, according to Sherlock Company's Third Annual HMO Pricing Survey. Using this data, Sherlock Company has calculated their apparent expectations of a 2.9% increase in their payments for medical care for 1998. The results of this survey are included in Sherlock Company's research publication, PULSE, released today, via the World Wide Web and in print early next week.
While low by historic standards, the results indicate a significant increase in the rates charged to customers of ...