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What is health insurance trend?

health insurance trend
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What is health insurance trend?

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Health insurance trend is an annual percentage increase in health insurance claim costs. The two primary components of health insurance trend are (1) inflation of costs physicians and hospitals charge for health care services and (2) increases in the average utilization of these services. UniCare has had the lowest trend in the health insurance industry over the past eight years. Typically with all companies the higher the deductible the lower the trend.

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Health insurance trend is an annual percentage increase in health insurance claim costs. The two primary components of health insurance trend are (1) inflation of costs physicians and hospitals charge for health care services and (2) increases in the average utilization of these services.

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