Regional Vice President of Sales The Retirement Plan Company
|
Compass
|
AimPoint Pension
|
Bates & Company, Inc.
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Loan & Distribution Specialist AimPoint Pension
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Getzen Model of Long-Run Medical Cost Trends Update for Years 2020 to 2029+ (PDF)
Society of Actuaries Oct. 18, 2019 11 pages. "The small increase in inflation and decline in technology factor offset each other, leaving the estimated nominal medical cost trend increases for 2029 and beyond at 5.2%, the same as in last year's update.... In addition to shifting local market conditions, actuaries should also consider additional national forces such as the continued cost shifting that has routinely caused private health insurance premiums to rise 1%-2% faster than average medical costs, a surge in pharmaceutical pricing and of course the impact of contemplated changes in state and federal legislation." |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |