{"id":319,"date":"2011-08-17T15:16:45","date_gmt":"2011-08-17T20:16:45","guid":{"rendered":"http:\/\/www.hnetalk.com\/Broker\/?p=319"},"modified":"2011-08-17T15:16:45","modified_gmt":"2011-08-17T20:16:45","slug":"hne-the-only-health-plan-in-the-state-files-for-a-decrease-in-premium-rates-2","status":"publish","type":"post","link":"https:\/\/hnetalk.com\/broker\/2011\/08\/17\/hne-the-only-health-plan-in-the-state-files-for-a-decrease-in-premium-rates-2\/","title":{"rendered":"HNE, the Only Health Plan in the State, Files for a Decrease in Premium Rates"},"content":{"rendered":"<p><strong>\u00a0<\/strong><span style=\"font-size: small;\">Health New England filed for a decrease in rates effective October 1, 2011. HNE is the only plan in the state to have filed for a decrease. According to State House News Service, &#8220;the rate hikes \u2013 filed for July 1 and due to take effect on October 1 \u2013 average no more than a 5.9% increase for any Massachusetts insurer, and one insurer, Health New England, actually sought a decrease in premium rates.&#8221; <\/span><\/p>\n<p>Juan Campbell, Vice President of Sales, explained that over the last 16 months we\u2019ve experienced a slowing in the rate of increase in costs and lower utilization of services which has lowered the overall medical trend. This is important because medical trend drives approximately 90% of costs. The other 10% covers administrative costs and HNE continues to work diligently to manage these costs. We are pleased to be in a position to pass on a reduction to individuals and employers.<\/p>\n<p>HNE, a provider sponsored plan, is unique in Massachusetts. HNE is majority owned by Baystate Health (approximately 97%) and the remaining 3% is held by independent practicing physicians in Western Massachusetts. HNE has a long history of working collaboratively with providers and investing with them to deliver efficient use of the right services in the right place. &#8220;Providers have taken to heart all the scrutiny with pricing and are organizing themselves to do better. They are proactively retooling how they deliver care with Patient Centered Medical Homes and the use of electronic medical records (EMR\u2019s). HNE is very proud of our role of working in tandem with the providers. We believe to be successful in controlling health care costs requires a partnership between the health plan, the health care delivery system, and engagement with the member\/patient.&#8221; said Peter Straley, HNE President &amp; CEO.<\/p>\n<div><strong>\u00a0<\/strong><\/div>\n<p><strong>\u00a0<\/p>\n<p><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Health New England filed for a decrease in rates effective October 1, 2011. HNE is the only plan in the state to have filed for a decrease. According to State House News Service, &#8220;the rate hikes \u2013 filed for July 1 and due to take effect on October 1 \u2013 average no more than a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-319","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6ZZOS-59","_links":{"self":[{"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/posts\/319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/comments?post=319"}],"version-history":[{"count":0,"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/posts\/319\/revisions"}],"wp:attachment":[{"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/media?parent=319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/categories?post=319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/tags?post=319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}