Corporate Compliance

Milliman survey reports lower HMO premium increases

Compliance Monitor, October 27, 2004

Want to receive articles like this one in your inbox? Subscribe to Compliance Monitor!

Milliman's 13th annual survey of health maintenance organization (HMO) and preferred provider organizations (PPO) released October 25 indicates a slowing of renewal rate increases.

Key findings include:

  • The anticipated 2005 renewal rate increase of 11% for HMOs is down from the 15% reported in the 2003 survey
  • The anticipated rate increase is 13% for PPOs
  • HMO administrative expenses dropped to 12% of premium, the lowest level reported in the history of the survey
  • HMO premiums increased by about 13% between 2003 and 2004 for plans reporting in both years
  • 89% of respondents said they expect to offer a consumer-driven health plan to employers within the next year, up from 29% in last year's survey

    To read more, click here.



    • Want to receive articles like this one in your inbox? Subscribe to Compliance Monitor!

      Strategies for Health Care Compliance

    • Strategies for Health Care Compliance

      News and real-life examples to increase the effectiveness of your compliance program. Strategies for Health Care Compliance...

    • Compliance Monitor

      This HTML e-mail newsletter delivers news on Medicare and Medicaid fraud and abuse, as well as recent documents and targets...

    • Medicare Weekly Update

      Each issue of Medicare Weekly Update includes the latest CMS proposed and final rules, CMS manual revisions, and...

    • Medicare Update for Physician Services

      Medicare Update for Physician Services is a free, monthly e-zine that delivers news and information to help physician...

    Most Popular

    Related Articles