Highmark seeks rate hikes
Health insurer Highmark Inc. has asked the state Insurance Department for approval to lift rates on various products an average of 8.6 percent and affecting a total of 75,000 members. For its medical underwritten CompleteCare Program, the insurer wants to increase rates an average of 9.9 percent, which would generate about $5.3 million additionally annually, according to the filing that was published in the Pennsylvania Bulletin on Saturday. The company also wants to increase average rates 4.6 percent for its medically underwritten Direct Pay PPO High Deductible Health Plans, Direct Pay Non-Qualified HDHP and Simple Blue medically underwritten Direct Pay PPO, which would generate an additional $2.1 million annually.
- NFP Hospitals' Revenue Growth at 'All-Time Low'
- CNO Leads $1M Charge for New Scrubs, Uniforms
- Transforming Cancer Care
- Acute Kidney Injury Gets New Focus
- Interventional Radiology No Longer a Sub-Specialty
- Sharp HealthCare Leaves Pioneer ACO Program
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- mHealth Tackles Readmissions
- Proton Beam Therapy Poised for Growth in US
- MA an Insurance Proving Ground for Providers