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Kaiser HMO claims jumped in 2024; Aon says increases were anticipated and will inform June rate renewal
Summary
Aon reported a roughly 16% increase in per‑member per‑month medical and prescription costs for Kaiser HMO plans covering active and non‑Medicare retirees in 2024; prescription drug costs rose faster and inpatient admissions increased for retirees.
Aon actuaries told the San Francisco Health Service Board on Thursday that Kaiser Permanente HMO plans serving SFHSS active employees and non‑Medicare retirees posted materially higher 2024 claims than 2023. Mike Clark, Aon, said total paid claims per member per month rose about 16% overall, with medical up roughly 15% and prescription drug costs up about 21%.
Key drivers: Clark said the non‑Medicare retiree population experienced a roughly 21% increase in inpatient hospitalization rates and that several high‑cost…
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