Florida Blue — the Sunshine State’s largest carrier — isincreasing premiums by an average of 17.6 percent for its exchangeplans under PPACA next year, according to company officials.

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The affiliate of nonprofit Blue Cross and Blue Shield blamed theincreasing health costs on attracting older adults this year whopreviously lacked coverage and are using more services thanexpected, according to Kaiser Health News.

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Florida insurance regulators plan to release rates for allhealth plans next week.

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Some health analysts have warned of soaring premium increases in 2015 due to thePatient Protection and Affordable Care Act.

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Recent analysis from consulting firm Avalere Healthfound that average proposed premiums for exchange plans willincrease modestly in 2015, based on filings in nine states. Acrossthe group, the analysis says, average monthly silver premiums willrise by 8 percent in 2015. More specifically, the analysis foundthat silver premiums will rise in eight states.

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California officials on Thursday said thatresidents can expect a “modest premium increase" of 4.2 percent inhealth plans in the state’s exchange.

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Florida does not operate its own exchange.

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Blue CEO Patrick Geraghty told Kaiser Health News the rateincrease is “typical” for the individual market. According to thereport, next year will mark the fourth consecutive year FloridaBlue has increased premiums by an average of at least 11 percentfor people under 65 who buy coverage on their own.

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Also read: 2015 ratesexpected to fluctuate wildly

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