Wednesday, August 3, 2016

ObamaCare Working As Planned: Illinois Insurers Seek Premium Hikes of Up To 45%

Chicago Tribune
AP August 2, 2016
Health insurance premiums for Illinois residents who buy coverage through theAffordable Care Act's marketplace could increase by as much as 45 percent according to proposals submitted by insurers and made public Monday.

The leading insurer on Illinois' exchange, Blue Cross Blue Shield, is proposing increases for 2017 ranging from 23 percent to 45 percent for individual health care plans, according to proposals posted by Heathcare.gov. Another insurer, Coventry Health Care of Illinois, proposed rate increases as high as 21 percent.

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