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Premium Changes for Obamcare Marketplace in 2016

  • Broadcast in Politics
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Arizona is among the 23 states where CO-OP health plans were established under the ACA
Ten of the 13 carriers in Arizona’s exchange have proposed rate increases of less than ten percent for 2016.
Buying health coverage through MNsure will get a lot more expensive for many people next year.
Average rate increases for individual and family coverage will range from 14 percent to 49 percent compared to 2015, the agency said Thursday. The highest average rate increase — 49 percent — will come from Blue Cross and Blue Shield of Minnesota, the state's largest insurer.
Analyst Cynthia Cox with the Kaiser Family Foundation, said even after prices rise, rates in Minnesota are still below the national average."And that's because these premiums started out very very low. I know Minnesotans may not believe it after having two years in a row of double digit increases in their exchange premiums but Minnesotans still pay less than many other people in the country do," Cox said.

Show Note

The chart and tables below present an updated analysis of changes in premiums for the lowest- and second-lowest cost silver marketplace plans in major cities in 13 states and the District of Columbia, where we were able to find complete data on rates for all insurers. This page will be updated as complete rate information becomes available for more states.http://kff.org/health-reform/fact-sheet/analysis-of-2016-premium-changes-in-the-affordable-care-acts-health-insurance-marketplaces/

 

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