Posted on February 12, 2010 16:27
Categories: Employer and Individual Insurance
Topics: Employer-Sponsored Coverage | FEHBP | Spending
A report by the Hay Group, outlining the results from its annual Health Benefits Prevalence Report, estimates that employer-sponsored health care premiums will increase an average of 9 percent in 2010 excluding the effects of changes to plan design, medical management, or plan administration. The projections are based on 30 years of trends in employer-sponsored coverage and data from the Federal Employee Health Benefits Program (FEHBP), which Hay says is a leading indicator for other employer-sponsored plans. The report notes that though the annual premium increase in 2009 was the lowest since 2000, FEHBP data indicates the decline may have bottomed out.
Full Report: Trends in Health Premiums: From the Hay Benefits Prevalence Report and the FEHB Program (PDF | 319.15 KB)
The Hay Group. (2010). Trends in health premiums: from the Hay Benefits Prevalence Report and the Federal Employees Health Benefits Program 1981 through 2010.
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