$12,910 More Per Year For Health Insurance?
Posted on 13. Feb, 2009 by Editor in Provider News
Imagine a world where insured patients pay DOUBLE the health insurance premiums they pay now. That reality’s just 7 years away, predicts a recent study from the Public Interest Research Group.
Dollar & Cents: That means average yearly premiums will soar from $11,381 to $24,291 by 2016, reports Business Week.
Bright Idea: Cut health care costs by cutting “red tape” at the insurance companies, suggests PIRG co-author Larry C. McNeely II. “Insurers waste billions each year on paperwork that has nothing to do with patient care,” BW relates. “One suggestion is to limit the amount of premium dollars that can be spent on administrative costs … More …
Make sure you get your patients’ money’s worth from those insurers.
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