Humana seeks 10% increase for HMO, 11.6% increase for PPO in Arizona — 4 facts
Humana filed a rate increase request for its small group preferred provider organization and its health maintenance organization in Arizona in 2018, according to Phoenix Business Journal.
Here are four facts:
1. The payer is seeking a 10 percent increase for its HMO.
2. For its PPO, Human requested an 11.6 percent increase.
3. A Humana spokesperson told Phoenix Business Journal these requests do not indicate Humana's overall requests for the entire U.S. market segment. Rather, she said the PPO and HMO rate increases are one of the technical filings the government requires for rate filing requests.
4. In similar news, UnitedHealthcare requested an 11.3 percent rate increase for its HMO coverage for small group medical health insurance and an 11.4 percent hike for its PPO plan for small group major medical health insurance for Arizona plans.
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