Aug 12 2011
Modern Healthcare: Study Probes Reasons For Spike In Federal Workers' Long-Term-Care Coverage
A large and unexpected premium increase in federal employees' long-term-care insurance two years ago stemmed from higher-than-expected enrollee coverage retention, longer life expectancies and additional claim submissions, according to the Government Accountability Office. The report, requested by a bipartisan group of members of Congress, was intended to pin down the reasons behind a 2009 premium increase, in which 66 percent of enrollees saw premiums rise 25 percent (Daly, 8/10).
This article was reprinted from kaiserhealthnews.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.
|