Health Insurance Survey Cortlandt Manor NY

A new report from America's Health Insurance Plans (AHIP) says that health insurance premiums are growing at a reduced rate, despite increased use and higher costs, while health insurance plans' efforts are easing drug cost increases. The study found that premiums rose 8.8% between 2004 and 2005, which is 36% lower than the 13.7% increase in a similar report from 2002.

Local Companies

Hudson Health Plan
(914) 372-2082
303 S. Broadway
Tarrytown, NY
Opus Advisory Group, LLC
(914) 825-1010
2500 Westchester Ave
Purchase, NY
Professional Footcare
(212) 244-7670
19 W. 34th Street
New York, NY
Vista Health Solutions
(845) 753-2320
31 Park Ave
Suffern, NY
Jared Cutler
611 Pondside Drive
White Plains, NY
American for Financial Independence (AFI)
(914) 366-6868
660 White Plains Road
Tarrytown, NY
Bankers Conseco Life of New York
70 West Red Oak Lane
White Plains, NY
Access Nursing Services
(914) 747-9696
411 Manville Road
Pleasanville, NY
Warren Institute
(845) 365-0801
Prel Plaza
Orangeburg, NY
William Martone
50 Main Street
White Plains, NY
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Source: REMODELING Magazine
Publication date: April 1, 2006

By Nina Patel

A new report from America's Health Insurance Plans (AHIP) says that health insurance premiums are growing at a reduced rate, despite increased use and higher costs, while health insurance plans' efforts are easing drug cost increases. The study found that premiums rose 8.8% between 2004 and 2005, which is 36% lower than the 13.7% increase in a similar report from 2002. Higher use accounted for 43% of the rise, fueled by factors such as increased consumer demand, new and more intensive medical treatments and defensive medicine, as well as by aging and unhealthy lifestyles. Price increases in excess of inflation accounted for 30% of the rise and were impacted by movement among purchasers to broader-access health plans, provider consolidation, increased labor costs, and higher priced technologies.

Prescription drugs accounted for 16 cents of the premium dollar, and drug spending increased by 8.6%, which is lower than the double-digit jump of recent years. The report credited health insurance plans' prescription benefit tools and techniques with helping to slow drug spending.

The study, titled “The Factors Fueling Rising Healthcare Costs 2006,” was prepared for AHIP by Pricewaterhouse-Coopers.

Click here to read full article from Replacement Contractor

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