Fierce Healthcare October 3, 2019
Preliminary rates for Affordable Care Act (ACA) insurance exchanges across 23 states show insurers want a median 2.3% increase for 2020, according to a new analysis.
The figures provided by the Blue Cross Blue Shield Association point to another round of likely minimal premium hikes for the 2020 coverage year.
The preliminary filings range from an 18% decrease in Colorado to a 13% increase in New Mexico, said Kris Haltmeyer, vice president of legislative and regulatory policy for the association, in a Thursday briefing with reporters.
The Centers for Medicare & Medicaid Services (CMS) approved a waiver by Colorado in July to set up a reinsurance program to lower premiums for ACA plans in 2020.
“Where states are putting in...