23 payers proposing double-digit premium hikes for 2018

Below are 23 payers proposing double-digit premium hikes for coverage offered on the ACA exchanges, based on data complied by the Kaiser Family Foundation.

Their average proposed rate hikes for silver plans are listed below, from lowest to highest request. As states are continuing to review rate filings, these are subject to change. In addition, 84 percent of enrollees are eligible for tax credits to lower their premiums.

Note: This is not an exhaustive list of premium rate requests on the individual market for 2018.

1. Moda Health (Portland, Ore.)                                    13.1 percent
2. Blue Care Network of Michigan (Southfield)             13.8 percent 
3. BridgeSpan (Salt Lake City)*                                    17.2 percent
4. ConnectiCare (Farmington, Conn.)                           17.5 percent 
5. Molina Healthcare of Michigan (Troy)                       19.3 percent 
6. Providence Health Plan (Beaverton, Ore.)                20.7 percent
7. Molina Healthcare of New Mexico (Albuquerque)     21.2 percent
8. BlueCross BlueShield of Tennessee (Chattanooga) 21.4 percent
9. CareFirst BlueChoice (Fairfax, Va.)                           21.5 percent
10. LifeWise Health Plan of Washington (Seattle)         21.6 percent
11. Mountain Health CO-OP (Eagle, Idaho)                  25 percent 
12. BCBS of Michigan (Detroit)                                     26.9 percent
13. Premera Blue Cross (Mountlake Terrace, Wash.)   27.7 percent
14. New Mexico Health Connections (Albuquerque)     32.8 percent
15. Highmark BCBS Delaware (Wilmington)                 33.6 percent
16. Alliant Health Plans (Dalton, Ga.)                            34.5 percent
17. Molina Healthcare of Washington (Bothell)             38.5 percent
18. Harvard PilgrimHealth Care (Wellesley, Mass.)*     39.7 percent
19. Cigna (Bloomfield, Conn.)*                                      42.1 percent
20. SelectHealth (Murray, Utah)*                                   45 percent
21. PacificSource Health Plans (Springfield, Ore.)*      45.6 percent
22. CareFirst BlueChoice (Baltimore)                           45.6 percent
23. Christus Health Plan (Irving, Texas)*                      49.2 percent

*Rate requests filed in different states than listed headquarters

For the full report, click here.

 

Copyright © 2022 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Podcast

Featured Webinars

Featured Whitepapers

Top 40 articles from the past 6 months