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For a large hospital in New York City, that could mean a premium increase of $20 million a year.
The "bonza" deal offered was a premium increase of nearly 20 per cent.
My annual AA breakdown cover renewal notice arrived this week showing a premium increase of almost 7% to £238.
Last fall, Humana said that commercial membership had declined 7.2percentt after a premium increase as it shed noncore businesses.
But, they added, the other three-fourths of beneficiaries will not face a premium increase in 2011.
"High health care costs alone cannot account for a premium increase that is 10 times higher than national health spending growth," she said.
Similar(38)
Lenders may demand a premium, increasing borrowers' funding costs.
Ley has asked all providers to resubmit an application for a lower premium increase or to provide evidence of extenuating circumstances.
The California Public Employees Retirement Systemm approved a health-insurance package today that includes a 6percentt premium increase and requires members to pay more when they buy drugs or see a doctor.
Some people might be surprised to learn that specialist paintwork is considered a higher risk as it can result in a 36% premium increase, while stripes and car body stickers etc can push up the cost by 22%.
The deal also will head off a Medicare premium increase of 52% that loomed for about a third of all Medicare beneficiaries--8 million seniors--next year.
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CEO of Professional Science Editing for Scientists @ prosciediting.com