Premiums continue to rise for plans on the Obamacare exchanges, while more localities will have fewer plan options, according to an Avalere analysis of data. Seven states — Connecticut, Maryland, Maine, New York, Oregon, Vermont, and Virginia — and the District of Columbia have submitted early rate filings.
Related: ACA limbo leaves insurers wondering
Proposed 2018 exchange premiums for the most popular type of exchange plan (silver) are 18 percent higher, on average, compared to last year, while premiums for the lowest cost silver plan will rise 11 percent, on average, and premiums for the second lowest cost silver plan will rise 12 percent, on average.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.