The Hidden Cost of Trend Leveraging
Trend leveraging is an issue commonly overlooked when developing premium rates for new plan years. Trend leveraging occurs when rising healthcare costs result in more plan members surpassing deductibles...
Time to Talk About Trend
There have been a number of market-changing dynamics over the last few years affecting healthcare with COVID unsurprisingly being the most notable. There was a steep decline in healthcare utilization in...
Are We In For Some Significant Health Cost Increases?
Health care costs continue to increase faster than the rest of the economy. Recent projections by the CMS Office of the actuary show that US health care is pushing towards a 20% share of overall GDP, an all-time record...
What Is The “Total Cost Of Care” And Why Does It Matter?
If you work in the healthcare space, you often hear the term “Total Cost of Care”. The more you hear the term the more you may wonder what it means and why it is important...