Monday, May 16, 2016
From the office of the Insurance Commissioner
Thirteen health insurers have filed 154 individual health plans for 2017 both inside and outside of the Exchange, Washington Healthplanfinder, with an average requested rate change of 13.5 percent.
Nine of the 13 insurers intend to sell individual plans inside the Exchange and four will only sell plans outside of the Exchange.
“The requested rate changes are not a surprise, as we expected insurers to make adjustments based on their earlier predictions compared to who actually signed up and what services they used,” said Insurance Commissioner Mike Kreidler. “Clearly, some of the insurers guessed better than others. We know that no one wants to see their rates go up. We will review each plan carefully over the next several months to see that rate changes are justified.”