Rising Health Insurance Premiums

If you are a MNA member taking advantage of insurance options through Blue Cross Blue Shield of Michigan or Priority Health, you’ll want to pay attention to this blog. Blue Cross Blue Shield of Michigan (BCBS) and Priority Health have both introduced new products to help employers deal with rising health insurance premiums. If BCBS is your provider, you may have recently received a renewal rate notice with premium increased of 20 – 37%. Now is a good time for your organization to take a look at the new products that are being offered.

Simply Blue is the new platform for BCBS. They have PPO, HRA and HSA options. All options have a variety of copays and deductibles.

Priority Health recently updated their Rx copays to deal with costly specialty drugs. Their platform offers PPO, POS and HMO products along with HSA qualified plans and an option for HRAs.

With all the changes to health insurance, it is important to make sure you are investigating the latest products and cost saving strategies. If you are a MNA member interested in our Healthy Nonprofits benefit, please contact me at bgesaman@mnaonline.org.

Submitted by Bill Gesaman, Membership Manager for Michigan Nonprofit Association.

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2 Responses

  1. In the current state of economy, selecting a medical insurance plan that has great coverage and is affordable can be a difficult task. In 2007, average health insurance premiums increased by 6.1 percent, above official measures of inflation and well beyond the increase in average salary and wages to American workers.
    While selecting an affordable medical insurance plan that has great coverage can be a difficult task, especially in the current state of the economy, our health is still our most valuable asset and it is very important to protect it as much as possible.

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