Health care insurers in Maryland have requested premium rate hikes as high as 150.83 percent for next year, according to the state's insurance administration.
The five insurers in the individual market requested three different rates to the insurance commissioner, which included a minimum rate increase, a maximum rate increase, and an average rate increase.
The insurers serving the individual market in Maryland include CareFirst BlueChoice, Inc., CareFirst of Maryland, Inc., Cigna Health and Life Insurance Co., Evergreen Health, Inc., and Kaiser Foundation Health Plan of the Mid-Atlantic States.
While Kaiser requested a minimum rate increase of 9.13 percent, Cigna requested a max premium rate increase of 150.83 percent. The average rate increase for the five insurers who submitted rate increases on the individual market ranged from 18.08 to 58.80 percent.
With these average rate increases, a 40-year-old nonsmoker who purchases the lowest-cost silver plan will see his average premium increase from $359.25 to $714.95, before any subsidies.
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5 comments:
Why aren't people healthy enough to not need health insurance? Medi Share is still the cheapest and best around.
Seems the only ones getting anything out of Insurance now is the Insurance companies. This is getting way out of hand. If they do not start regulating these insurance companies no one will be able to afford health care. THANKS OBAMA!!!!
"...before any subsidies" your deductibles are met! Brought to you courtesy of the Democratic party and THEIR Affordable Health Care Act! That' a little over $8,000 with an average deductible of $3,700 for a total yearly cost of $11,700 before the insurance will pay. At minimum wage of $18,200 yearly BEFORE taxes leaves $6,500 for taxes, rent, food and electric at minimum.
If you like your (ACÁ) card, you can keep your card....is what Obama really meant.
Why are democrats still tryin to embrace this health care disaster?!? You would think they want it to go away...like a hemorrhoid.
I'm done with health insurance I pay so much now that if I did get sick I wouldn't be able to pay my monthly premium. Yet I get to see a person on the Sunday news bitching about how me and everyone else screwed her because we don't want to pay for her $11,000 a month meds a d her health care. Damn I may have been born at night but not last night.
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