Obamacare Premiums to Surge Next Year, Early Requests Show

Tuesday, May 8, 2018 | Tag Cloud Tags: , , ,

(Worthy News) - The first glimpse of what health-insurance companies plan to charge for Obamacare plans next year suggests there’s no relief ahead for consumers saddled with high premiums.

Several insurers in Maryland and Virginia are seeking double-digit percentage increases in monthly costs for individual medical plans in 2019. The largest increases are being sought by CareFirst, which wants to nearly double the amount it charges on average for one coverage option in Maryland, and raise the cost of another in Virginia by 64 percent.

Virginia and Maryland are the first states where 2019 rate requests have been made public. Increases are anticipated across the U.S. as insurers continue to grapple with the aftermath of last year’s battle to overturn the Affordable Care Act. [ Source: Bloomberg (Read More...) ]

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