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U.S. HEALTHCARE ANNOUNCES APPROVAL OF NEW JERSEY HMO PREMIUM RATES

 BLUE BELL, Pa., Dec. 10 /PRNewswire/ -- U.S. Healthcare, Inc. (NASDAQ: USHC), one of the nation's leading providers of managed health care services, today announced that the Department of Insurance of the State of New Jersey approved an approximate 2% premium rate increase. The approved rates cover the period from July 1, 1993 to June 30, 1994 and apply to over 400,000 commercial group HMO members in New Jersey. The new rates become effective as employers renew health coverage for their employees.
 U.S. Healthcare said that the low premium rate increase reflects the company's successful efforts to control medical costs and the cooperation it has received from health care providers in its network, including primary care physicians, specialists and hospitals. Also, the company said, they reflect the favorable effect of the state's deregulation of hospital rates.
 U.S. Healthcare provides managed health care services through its HMOs in Pennsylvania, New Jersey, New York, Delaware, Connecticut, Massachusetts, New Hampshire, Maryland and the District of Columbia. The company also provides a variety of other managed health care services to self-insured and other employers, including workers compensation managed care, coordination and administration of multiple health plans for multi-state employers and quality measurement and improvement programs and data analysis systems for providers and purchasers of health care.
 -0- 12/10/93
 /CONTACT: Costas C. Nicolaides, executive vice president and chief financial officer of U.S. Healthcare, 215-283-6843/
 (USHC)


CO: U.S. Healthcare, Inc. ST: Pennsylvania, New Jersey IN: HEA SU:

GK -- NY032 -- 2562 12/10/93 10:57 EST
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Publication:PR Newswire
Date:Dec 10, 1993
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