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Health Insurance
New Report Shows Slower Premium Growth, but Increasing Pressure to Address Waste in Health Care System
December 20th, 2008
Health insurance premiums have slowed to less than half the growth rate from five years ago, yet higher costs, increased utilization and waste in the health care system continue to fuel underlying health cost increases, a new report released finds. Prepared by PricewaterhouseCoopers (PwC) on behalf of America's Health Insurance Plans (AHIP), "The Factors Fueling Rising Healthcare Costs 2008" examines the causes of rising health care costs and analyzes how health insurance premium dollars are being spent. This is the third study prepared by PwC. The study found that premiums increased 6.1 percent from 2006 to 2007 as compared to 8.8 percent from 2004...
Source: Law & Health Weekly (2008-12-20)
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