7 payers requesting double-digit premium hikes for 2018

Several states have requested rate hikes for individual plans sold on the ACA exchanges for 2018.

Here are seven payers or groups of payers that have requested double-digit premium hikes, as reported by Becker's Hospital Review.

1. Wilmington-based Highmark Blue Cross Blue Shield of Delaware requested an average 33.6 percent rate hike for individual ACA exchange plans next year.

2. Detroit-based Blue Cross Blue Shield of Michigan wants to raise premiums for its individual ACA exchange plans 26.9 percent on average next year — a figure the payer says would increase to 31.7 percent if federal subsidies are discontinued. 

3. Health insurance policyholders asked state regulators to deny Anthem's desired 33.8 percent average rate increase for 2018, labeling it excessive and unaffordable.

4. California's health insurance exchange will instruct insurers to increase premium prices if the federal government doesn't confirm it will pay the ACA's cost-sharing reductions by mid-August. A recent Covered California-commissioned analysis found premiums for silver-level ACA health plans could increase 16.6 percent if CSRs are not issued.  

5. New York state health insurers requested an average 16.6 percent increase on premiums for 2018 ACA exchange plans.

6. Durham-based Blue Cross and Blue Shield of North Carolina requested a 22.9 percent average rate increase for health plans it sells on the ACA exchanges.

7. Baltimore-based CareFirst filed requests to raise rates an average of 52 percent in Maryland and 21.5 percent in Virginia for individuals and families buying their own coverage, according to the report. In Washington, D.C., the payer is seeking an average increase of 40 percent for its health maintenance organization plans and 20 percent for its preferred provider organization plans.  

More articles on payer issues:
Cleveland Clinic, Oscar Health to offer co-branded health plan
Centene to enter ACA exchanges in 3 states
BCBS of Louisiana names CMO: 5 notes

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