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Article: HMOs Expect an 8.3% Increase in Insurance Rates and a 2.4 Percentage Point Improvement in Medical Expense Ratios During 1999.
- Article from:
- PR Newswire
- Article date:
- October 2, 1998
CopyrightCOPYRIGHT 1998 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. 2 /PRNewswire/ -- HMOs nationwide are anticipating an 8.3% increase in premium rates and a 2.4 percentage point decrease in their medical loss ratios during 1999 according to Sherlock Company's Fourth Annual HMO Pricing Survey. Using this data, Sherlock Company has calculated their apparent expectations of a 5.3% increase in their payments for medical care for 1999. The results of this survey are included in Sherlock Company's monthly HMO research publication, PULSE, released today, via the World Wide Web and in print next week.
The results indicate a significant increase in the rates charged to customers of health plans compared with prior ...