ACA insurers’ rate increases tempered despite uncertainty

HSRI AND OHIC announced the establishment of a health insurance Market Stability Workgroup designed to suggest state-level solutions to lower health insurance costs and stabilize the health insurance market. / BLOOMBERG FILE PHOTO/ANDREW HARRER
HSRI AND OHIC announced the establishment of a health insurance Market Stability Workgroup designed to suggest state-level solutions to lower health insurance costs and stabilize the health insurance market. / BLOOMBERG FILE PHOTO/ANDREW HARRER
PROVIDENCE – Rate increase requests from the two insurers participating in the individual health insurance market were 10.7 and 8.7 percent for Blue Cross & Blue Shield of Rhode Island and Neighborhood Health Plan of Rhode Island, respectively, well below the nation’s first increase requests reported in Virginia and Maryland. Insurers in the two first-reporting…
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