Health Insurance Survey New Windsor 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

Chester Pediatrics
845-291-7059
2 Coates Drive
Goshen, NY
Professional Footcare
(212) 244-7670
19 W. 34th Street
New York, NY
Center for Holistic Healing
(845) 255-2443
52 S. Manheim Blvd.
New Paltz, NY
MVP Health Care
(845) 897-6353
1 Summit Court, Suite 200
Fishkill, NY
Dr. Peter Kaplan
(845) 255-1440
62 Rocky Hill Road
New Paltz, NY
ChiroFit Wellness Center
845-294-4402
2527 Route
Goshen, NY
Joe Fix It¡¯s
845-294-7242
20 West Main Street
Goshen, NY
Performance Sports & Wellness
(845) 255-1200
3 Cherry Hill Road
New Paltz, NY
Integrated Feeling Therapy, Inc.
(845) 255-4143
27 North Chestnut Street
New Paltz, NY
Carla J. Mazzeo, Ph.D.
(845) 255-2259
52 South Manheim Blvd
New Paltz, 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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