In my last post about some of the insurance companies lowering their trend factor (to see the post, click here), I mentioned that I would let you know when other companies also lower their trend factor. Well, I didn’t think it would happen this fast. I was at a meeting this morning, and I found…
A few weeks back, I wrote about two of the insurance companies loading their Trend factor (to see the article, click here). Well, now the trend continues (sorry – I just couldn’t resist). Two more companies have announced that they are lowering their Trend factor as well. As a refresher, when an insurance company determines…
Recently, I received bulletins from two different insurance companies, stating that they are lowering their trend factors for Extended Health Care (EHC). Hopefully the other carriers will follow suit, and lower their EHC trend factors, and premiums for EHC will stabilize, and employers will see lower increases on their renewals. Let me quickly explain what…
