Rates from 15 insurers — including Louisville, Ky.-based Humana, Long Beach, Calif.-based Molina Healthcare, Bloomfield, Conn.-based Cigna, Hartford, Conn.-based Aetna and Miami-based AvMed — were calculated into the average.
Eight insurers will sell on-exchange plans next year, with premium hikes between 11.7 percent and 36.8 percent, according to the report. Seven payers will offer off-exchange plans with rate changes ranging from a 1.5 percent decrease to a 27.3 percent increase.
Premiums increased an average of 9.5 percent last year. Open enrollment for 2017 coverage begins Nov. 1 and ends Jan. 31.
More articles about payer issues:
One-tenth of Kansas residents lacked health insurance: 6 statistics
Maine health insurance co-op to exit New Hampshire market
Aetna, WMC Health Network agree to maintain contract
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
