"Managed Care Update"

Insurance Premiums Climb 9.7% For Calpers in Calendar 2000

MORE VALIDATION that healthcare premiums will trend upwards at near double-digit rates came from California this week.

The California Public Employees’ Retirement System (Calpers) announced it will pay average rate increases of 9.7% to HMOs starting in 2000. This is significant because Calpers is considered one of the shrewdest buyers of healthcare in the nation.

The 9.7%

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