CONTACT:
FOR IMMEDIATE RELEASE
MCOL RELEASES CA HMO RATE 2001; PREMIUM RATE INTELLIGENCE DATA SUITE PROVIDES FIVE CRITICAL NEW CA MARKETPLACE INSIGHTS
CA HMO RATE 2001 REVEALS: SMALL EMPLOYERS BEARING BURDEN OF PREMIUM INCREASES, HEALTH PLANS ARE TARGETING MID-SIZE EMPLOYERS, THE INDIVIDUAL MARKET IS FAVORABLY VIEWED BY A NUMBER OF PLANS, STATEWIDE PLANS TAKING VERY DIFFERENT PREMIUM PRICING APPROACHES, AND VARIANCE IN PREMIUM PRICING BY LOCATION HAS WIDENED
MODESTO, CA, May 24, 2001 ---- MCOL(tm) (mcol.com), the leading health care information technology company specializing in delivering business-to-business managed care knowledge resources, today announced the 2001 release of its popular CA HMO Rate CD-ROM. CA HMO Rate 2001 is a suite of California HMO premium rate data and tools that provides detailed HMO premium rate intelligence for use by health plans, provider organizations, employers, and consultants to the managed care industry.
Says Claire Thayer, MCOL Vice President of Research and Development, "Findings from this years' commercial premium rate survey provide five critical new insights into the current California HMO premium rate marketplace: 1) Small employers are bearing the burden of premium increases; 2) Health Plans are targeting mid-size employers; 3) The Individual market is being viewed favorably by a number of plans; 4) Statewide plans are taking very different premium pricing approaches; and 5) The variance in premium pricing by location has widened." For detailed information on these findings, go to
http://www.mcareol.com/2001find.htm.
Adds Clive Riddle, MCOL President, "We're pleased to offer our third annual release of our CA HMO Rate product, with enhancements based on client feedback, and expanded premium increase insights as our archive of historical premium data grows with time. We are again also providing the condensed CA HMO Rate Report for those desiring our 250-plus pages of analysis, data tables, and tools without the databases."
Explains Riddle, the centerpiece of the suite involves MCOL's California HMO commercial premium rate survey, compiling a database representing 18,009 sets of premium rates in effect for 2001. The database provides 2001 premium rates for California HMOs on a by-plan, by county, by group size, by-benefit-level, by-age-group, and by-premium tier basis. The historical 2000 and 1999 databases are also provided in the suite, along with numerous other modules including a commercial premium rate primer, Medicare HMO premium database, purchasing pool premium database, HMO revenue pmpm database, HMO profiles and more.
CA HMO Rate 2001 is available for the price of $2,695, and the CA HMO Rate Report is available for just $575. Detailed product information, including a downloadable product brochure, and order forms are available at
http://www.mcareol.com/carate.htm, or by calling 209.577.4888.
About MCOL
MCOL is a six-year-old health care Internet company delivering business-to-business managed care resources. MCOL has become the recognized Internet leader in the delivery of knowledge resources to professionals involved in managed care. MCOL business lines include: Membership-based services through Managed Care On-Line and Global Health Resources.Com; e-Commerce through the Managed Care Store; and Business e-Solutions. MCOL is based in Modesto, California, with additional offices in Portland, Oregon. For more information, please visit
www.mcol.com/about.htm.
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