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Employers expect premiums to surge

Insurers expect prescription plan increases in 2015 and 2016, with double-digit hikes anticipated, well above increases for HMOs, PPOs, and other plans, according to a Wells Fargo Insurance survey.

By Dan Cook | Updated on May 19, 2015
Photo: Getty Images

Health plan analysts are increasingly pointing to runaway prescription drug prices as the primary culprit in escalating premiums and co-pays. But there might be some relief in sight.

A survey of insurers from Wells Fargo Insurance revealed that prescription plan increases will lead the way in 2015 and 2016, with double-digit hikes anticipated by the insurers surveyed.

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Dan Cook

Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.

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