Slowest Growth of Health Insurance Premiums Since 1999
Health Insurance Premium Growth
Karen Ignagni, President and CEO of America's Health Insurance Plans, today made the following statement on data released by the Kaiser Family Foundation showing the continued deceleration of health insurance premium increases:
"Our community has reinvented cost-containment strategies and is deploying a new generation of tools and techniques to stretch health care dollars and mitigate the burden of rising medical costs. Health insurance plans' tiered prescription drug formularies, cutting-edge disease management and prevention programs, and important investments in health information technology are helping consumers get the care they need while taking unnecessary costs out of the system."
"While clear progress is being made, much more needs to be done. Regulators need to allow more flexible benefit designs so consumers and employers can find the coverage that best meets their needs. Legislators should reform the medical liability system, support programs that measure and reward quality care, and insist that new medical technologies be evaluated for efficacy and cost effectiveness. Finally, all health care stakeholders should collaborate to ensure that patients receive care that is safe and based on the latest scientific evidence."
America's Health Insurance Plans - Providing Health Benefits to More Than 200 Million Americans