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Article: HMOs Expect a 10.6% Increase in Insurance Rates and a 1.6 Percentage-Point Improvement in Medical Expense Ratios During 2000.
- Article from:
- PR Newswire
- Article date:
- October 6, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association, Inc. 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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NORTH WALES, Pa., Oct. 6 /PRNewswire/ -- HMOs nationwide are anticipating a 10.6 increase in premium rates and a 1.6 percentage point decrease in their medical loss ratios during 2000 according to Sherlock Company's Fifth Annual HMO Pricing Survey. Using this data, Sherlock Company has calculated their apparent expectations of an 8.6 increase in their payments for medical care for 2000. 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 an increase in the rates charged to customers of health plans compared with prior surveys. ...