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State's Health May Increase Insurance Deductibles

Last updated on Monday, July 31, 2006

(UNDATED) - Medical officials say the state’s fitness crisis could lead to a big jump in insurance premiums in 2007.

A consulting firm says rates for HMO's and PPO's will likely increase between 9% to 11% in the coming year. That could mean doubling the standard deductible on many accounts from $250 to $500.

Insurance adjusters say more people are using their policies, which makes it more expensive for insurers, which must pay hospitals for those claims.

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