Kaiser Permanente Hawaii, the state’s largest health maintenance organization, has announced that they may increase premiums by 5.3 percent for members covered by employer sponsored health plans. According to Kaiser, the increase, which would take into effect on January 1, 2013, is due to escalating medical costs. Kaiser spokeswoman, Laura Lott, stated, “We continue to look for greater efficiency, redirecting resources to better meet evolving customer and member needs, and consolidating administrative functions to support standardization and simplification in process.” While many members have expressed concern about this proposed increase, this 5.3 percent is actually the lowest increase in years. Kaiser had raised their rates by 8.8 percent in 2012, 12.6 percent in 2011 and 10.7 percent in 2010.
Source: Honolulu Star Advertiser, 11-1-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
