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Memphis Medical Trend

This information is the average of the 5 Memphis major insurers as well as the lowest and highest reported trend.  Return to previous page
Semi-Annual Survey Results

Period = 4/1/2004 - Memphis, TN

Medical Trend > 14.20%

Note: The Rx trend is comprised of data from 4 of the 5 tracked insurance companies.
Pharmaceutical Trend > 17.95%
Lowest Medical Trend Reported > 11.9%
Highest Medical Trend Reported > 17.8%

Period = 8/8/2003 - Memphis, TN

Medical Trend > 15.9%

 
Pharmaceutical Trend > 21.0%
Lowest Medical Trend Reported > 12.4%
Highest Medical Trend Reported > 21.0%

Period = 2/3/2003 - Memphis, TN

Medical Trend > 16.1%

Note: Effective with this reporting period we are providing data for both medical and pharmaceutical trend.
Pharmaceutical Trend > 21.9%
Lowest Medical Trend Reported > 13.0%
Highest Medical Trend Reported > 21.0%

Period = 8/5/2002 - Memphis, TN

Average > 18.0%
Lowest   > 15.7%
Highest  >    22.0%

Period = 2/19/2002 - Memphis, TN

Average > 17.4%
Lowest   > 14.0%
Highest  >    21.0%

Period = 9/5/2001 - Memphis, TN

Average > 13.5%
Lowest   > 12.0%
Highest  >    15.0%

Source:  Local market survey of top five Memphis providers.  The survey is directed to and answered by representatives of the major insurers.  We estimate these numbers are accurate + or - 2%.  Trending is only one of the factors involved in plan expense growth.  This is not a scientific survey, but a reasonable estimate of Memphis trend.

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