What’s been working at keeping insurance premiums under control? Nothing that’s being discussed in Washington these days.

StateHouseCall contributor Merrill Matthews, along with Ray Ramthum, laid out some numbers in an op-ed published by Investors’ Business Daily.

High-deductible health plans are where it’s at:

For Cigna, costs in CDHPs in their first year went down 4%; those in Cigna’s traditional plans went up by 9%.

Aetna saw a decline of 10% for CDHPs vs. an 8% increase in traditional plans.

Uniprise experienced a 15% drop in CDHPs vs. a 7% rise in traditional plans.

And WellPoint compared its group insurance accounts in 2008 and found HMO and PPO rates went up 7% to 10% from the previous years, while CDHPs went down.

You can read the whole article here.

Cross-posted from State House Call.


Related Articles:

Acton Lecture Series: 'Excuse Me Professor: Challenging the Myths of Progressivism'

Why Can’t Tesla Sell Cars in Michigan?

Misdiagnosing the Cause of Pension Problems

Criminal Intent Op-ed in the Detroit News

House Members Right to Be Skeptical of Server Farm Favors

Feeling Lucky? State-Run Gambling Hits Record High in 2014

Share More …