News Headlines Article

U.S. Group Health Premiums Rose 3% in 2009; Individual Up 15%
Insurance Journal

U.S. health insurers took in 7 percent more revenue from premiums from individual, group and other policies in 2009 than in the previous year, even as the number of those people with coverage fell, according to a report released on Thursday.

Individual premium revenues rose 15 percent while group premiums, which involve mostly employers, rose nearly 3 percent, according to the report from the National Association of Insurance Commissioners (NAIC), an organization whose prominence has grown following passage of the new U.S. health reform law.