6.29% Renewal Increase

[somarco]

Just got a renewal on a small group with Humana. Rates are increasing 6.29%.

 

[DS4]

I think the decimal point needs to be moved one number to the right?

 

[somarco]

Nope.

2 person group. No health issues. P1 classification last year and this.

Believe it or not, both are obese but "healthy". Too big for individual so I wrote a group plan on them. That was almost 3 years ago.

 

[DS4]

Re: Small group increases -10%,
I don't even call the client on these.....
I'm too busy working on the +20% to +30% clients.

 

[dgoldenz]

I'd say that's pretty solid.

 

[moonlightandmargaritas]

Just got a renewal on a small group with Humana. Rates are increasing 6.29%.

I should be so lucky...looking at H1 IFP renewals of 22-25% here in Florida...

 

[ABC]

Just got a renewal on a small group with Humana. Rates are increasing 6.29%.

Nice!
I love groups that have no claims.