WHY ARE INFANT RATES HIGHER?

Historically, Blue Cross Blue Shield of North Carolina has not differentiated rates for children between the ages of 1 to 18. As the medical costs for children have increased, the company needed to begin studying the costs within life stages of the children, too. What was found was that the age cost curve for children does not progressively go up like all other age groups.

The company has seen that the costs of newborns to age 1 have the highest cost of any age under the age of 18. When these changes were made, the two year old rate was actually lowered to more properly reflect the lower costs children have after their first year. And the nine month-old  is also scheduled to get that lower rate when they turn two years old.  Without considering medical trends or other shifts, the decrease could be approximately 33%.

For more information on health insurance coverage in North Carolina, please visit our website at www.nchealthplans.com or call our toll free number 888-765-5400 and speak with one of our qualified agents. Our agency provides coverage for health insurance in North Carolina through Blue Cross Blue Shield of North Carolina (BCBSNC). You may qualify for a 15% healthy lifestyle discount if you are in excellent health. Call us for details.

This entry was posted on Friday, March 19th, 2010 at 5:04 am and is filed under BCBSNC Insurance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.