The Coastal Packet: Health insurers seek double digit increases

Thursday, May 12

Health insurers seek double digit increases

Press Herald - Insurance companies are requesting double-digit rate increases for Affordable Care Act marketplace insurance in Maine, according to rate filings released by the state Bureau of Insurance. However, for most customers in Maine, all or nearly all of the proposed 2017 rate increases will be absorbed by government subsidies. Community Health Options is requesting a 22.8 percent increase, Harvard Pilgrim is requesting 18.7 percent, Aetna is seeking 14.2 percent and Anthem Blue Cross Blue Shield is requesting 14.1 percent. The rate increases are not final and are subject to review by the Bureau of Insurance and the federal government.

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