(2/24/2005)--The Scranton Times reports that the Pennsylvania Insurance Department has approved a 20% premium rate hike on Geisinger contracts starting after April 1. The company says its costs have been rising and a rate hike is necessary. The raise in premium will apply to employees whose plans are partially paid by their employer. On average, businesses and employees will see a $462 rate increase per employee. For more, visit the Scranton Times article at the below link.
Scranton Times Article