4 recent payer premium rate requests and approvals

The following health plans requested or received state approval for rate changes in the last week.

1. Florida residents to face on average 19% premium rate hike
The Florida Office of Insurance Regulation announced health insurance premiums will increase an average of 19 percent next year.

2. Washington state insurance regulators approve average 13% premium hikes
The Washington State Office of the Insurance Commissioner approved an average 13.1 percent increase on health plans sold on the state's individual market — WAhealthplanfinder — next year. 

3. Boston nonprofit insurer raises premium rates 21%
Boston-based Neighborhood Health Plan will raise premium rates an average of 21 percent for consumers on Massachusetts' state health exchange next year.

4. Only insurer on Wyoming ACA exchange requests average 8% premium increase
Individual health plans on Wyoming's Affordable Care Act exchange could rise an average of 8 percent next year if Blue Cross Blue Shield of Wyoming — the state's only on-exchange insurer — sees its rates approved.  

More articles about payer issues:
Only insurer on Wyoming ACA exchange requests average 8% premium increase
Boston nonprofit insurer raises premium rates 21%
Washington state insurance regulators approve average 13% premium hikes

 

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