Aon surveyed more than 60 health care insurers representing more than 100 million insured individuals and found that health care costs are projected to increase by 10.5% for HMOs, 10.6% for POS plans, 10.7% for PPOs, and 11% for consumer-driven health (CDH) plans. These findings are slightly higher than a year ago when HMO increases were 10.4%, POS plans were 10.4%, PPO increases were 10.7%, and CDH plan increases were 10.5%, an Aon news release said.
During the next 12 months, the prescription drug cost trend is expected to be 8.4%, compared to 9.3% in the spring of 2009. The specialty pharmacy trend rate is projected to be 14%, versus 13.2% a year ago.
Aon also found health care rates for retirees over the age of 65 are projected to be 7.5% for Medicare Supplement plans and 6.7% for Medicare Advantage plans – up from 6.6% and down from 7.3%, respectively, from the spring of 2009.Aon Consulting said the health care reform law is expected to add 2% to 5% to the medical trend over the next three years.