Health insurance premiums spike for Idaho state government employees, dependents
Health insurance premiums for
How much monthly premiums will rise for each family or enrollee depends on what health insurance plan they're on. But for state employees, all three health insurance plan premiums will likely rise faster than the minimum pay raise rate the
The insurance premium increases are due to a mix of factors — mostly centered on the ever-rising costs of health care and the types of services that people seek, state officials say.
Here's how monthly premiums will rise for each insurance plan type, according to the
For the plan that has the highest enrollment level, the preferred provider organization, or PPO, monthly premiums will rise by 8.8%.
High-deductible plans will also see an 8.8% jump in premiums.
But for traditional health insurance plans, the most expensive option, monthly premiums are set to rise by 20%.
Dental plans will see the smallest increase, of just 2.2%.
The time to pick insurance plans — called open enrollment — has already ended.
The new premiums kick in
Almost 27,000 people are enrolled in
The vast majority — nearly 85%, or almost 22,700 people — are enrolled in the PPO plan. Roughly 8.5%, or almost 2,270 people, are enrolled in the traditional plan, which is seeing the sharpest premium hike. Another 7% are enrolled in the high deductible plan.
Nearly everyone enrolled in health insurance is enrolled in the dental plan as well.
Why insurance premiums for state employees are rising
In
The main factors driving up health insurance rates "are soaring prices for medical care and prescription drugs," said company spokesperson
"Health insurance rates reflect what care is expected to cost," Riepl told the Sun in an email. "… As a nonprofit health insurer, Regence shares concerns about the high costs of health care and we strive to manage those costs where we can, such as by negotiating with care providers and drug companies for discounted rates for our members. Nearly
In a mid-April letter to the nearly 2,300 people enrolled in the traditional health insurance plan — which is seeing the sharpest premium hike — state insurance officials explained costs are rising because of factors many employers are seeing, like more use of health care services by employees and retirees, higher costs for medical services and prescription drugs, and "shifts in enrollment across the three available health plans."
That's according to a copy of the letter that the Sun obtained through a public records request from the
Asked why other health insurance plans' premiums are rising,
"The rising costs of health insurance for
Former state insurer,
"
Asked if
"However, despite increasing medical costs throughout the nation, and increased costs related to claims and the use of expensive specialty medications in
Regence's spokesperson said it sets premium rates each year by working with an independent actuarial and consulting firm to predict costs and use.
"At the same time, we are focused on delivering promised services"


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