Health Insurance Survey New Paltz 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

Center for Holistic Healing
(845) 255-2443
52 S. Manheim Blvd.
New Paltz, NY
Anthony J. Angiolillo, DDS
(845) 883-9595
60 Park Lane Suite 3
Highland, NY
Brinckerhoff and Neuville Insurance Group Inc.
(845) 452-1776
1134 Main Street
Fishkill, NY
Carla J. Mazzeo, Ph.D.
(845) 255-2259
52 South Manheim Blvd
New Paltz, NY
Janne Dooley, LCSW
(347) 834-5081
PO Box 621
New Paltz, NY
New Paltz Rural Cemetery
(845) 255-0835
81 Plains Road
New Paltz, NY
Elaine Ramos, LCSW
(845) 255-8014
42 North Chestnut Street
New Paltz, NY
Bermac Home Aides, Inc.
(845) 255-4200
2 Grove Street
New Paltz, NY
Gateway Community Industries, Inc.
(845) 331-1261
One Amy Kay Parkway
Kingston, NY
Psychological Rehabilitation Services
(845) 687-7067
65 Chestnut Hill Rd.
Stone Ridge, NY

Provided By:

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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