New York Insurers Seek To Raise Obamacare Premiums
The health insurers are proposing premium increases on the state exchange by an average of 17 percent for individual plans next year. The increases, however, will be considered by the N.Y. Department of Financial Services.
The Associated Press:
Premium Hikes Proposed By NY Health Insurers
New York health insurers have proposed premium increases averaging 17 percent for next year in the market for individuals and 12 percent for small groups. The Department of Financial Services often reduces proposed increases before approving them. Approved rates are expected in early August. The amounts posted Wednesday by the department are averages for an insurer's various plans, including those offered on the New York Health Exchange. (5/18)
Bloomberg:
Health-Law Plans In New York Seek To Raise Premiums By 17 Percent
New York health insurers are seeking to raise the premiums that customers pay for individual Affordable Care Act plans by an average of 17.3 percent for next year, the latest in a wave of double-digit increases for the government health program. (Tracer, 5/18)
Increases are also likely in New Mexico -
The Associated Press:
New Mexico Health Insurers Propose Rate Hikes For 2017
New Mexico regulators are unveiling details about the health insurance premiums proposed by insurers for next year, and there are indications the state will not escape the hefty increases expected nationwide. (Montoya Bryan, 5/19)
