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Colo. health insurance premiums rose 12.9% in 2010

The Colorado  Division of Insurance says the average annual rate increase this year was 12.9 percent. And, it’s expected to keep rising in 2011. Some factors that affect costs include: “claims experience,” or how many claims were filed in the prior year and how severe they were; medical costs, including doctors, hospital charges, laboratory services… Continue Reading Colo. health insurance premiums rose 12.9% in 2010

Health care spending down, CMS says

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Nominal health spending in the United States grew 4.4 percent in 2008, to $2.3 trillion, or $7,861 a person, according to data from the Centers for Medicare and Medicaid Services. The number is the lowest since CMS started tracking expenditures during 1960. However, health care spending continues to outpace overall economic growth, which grew by… Continue Reading Health care spending down, CMS says

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Premiums for health insurance grew faster this year than general inflation and the rate of most workers’ pay raises. Premiums for employer-sponsored health insurance rose to $13,375 annually for family coverage – with employees paying $3,515 on average and employers paying $9,860. The findings come from the benchmark study about employer health benefits, released by… Continue Reading Premiums rise faster than inflation, wages

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